bitcoin
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ethereum
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tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 710.84
xrp
XRP (XRP) $ 2.38
cardano
Cardano (ADA) $ 1.06
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.592221
binance-usd
BUSD (BUSD) $ 0.990925
dogecoin
Dogecoin (DOGE) $ 0.392074
okb
OKB (OKB) $ 53.18
polkadot
Polkadot (DOT) $ 8.47
shiba-inu
Shiba Inu (SHIB) $ 0.000027
tron
TRON (TRX) $ 0.280515
uniswap
Uniswap (UNI) $ 16.73
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 100,602.95
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 116.75
staked-ether
Lido Staked Ether (STETH) $ 3,850.46
solana
Solana (SOL) $ 217.53
avalanche-2
Avalanche (AVAX) $ 49.84
chainlink
Chainlink (LINK) $ 29.47
cosmos
Cosmos Hub (ATOM) $ 8.77
the-open-network
Toncoin (TON) $ 6.15
ethereum-classic
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leo-token
LEO Token (LEO) $ 9.41
filecoin
Filecoin (FIL) $ 6.36
bitcoin-cash
Bitcoin Cash (BCH) $ 524.99
monero
Monero (XMR) $ 205.30
Saturday, December 14, 2024
spot_img
bitcoin
Bitcoin (BTC) $ 101,196.11
ethereum
Ethereum (ETH) $ 3,853.95
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 710.84
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.38
binance-usd
BUSD (BUSD) $ 0.990925
dogecoin
Dogecoin (DOGE) $ 0.392074
cardano
Cardano (ADA) $ 1.06
solana
Solana (SOL) $ 217.53
matic-network
Polygon (MATIC) $ 0.592221
polkadot
Polkadot (DOT) $ 8.47
tron
TRON (TRX) $ 0.280515
HomeRegulationsCryptocurrency & World Rules Decoded by Sajan Poovayya

Cryptocurrency & World Rules Decoded by Sajan Poovayya

India presently lacks a complete regulatory framework that particularly is designed for digital currencies. Digital forex just isn’t recognised as a authorized tender or medium of change in India. In 2021 the federal government proposed that there needs to be a selected laws for the regulation of cryptocurrencies in India. The Cryptocurrency and Regulation of Official
Digital Foreign money Invoice was drafted. However the invoice hasn’t been tabled but. The RBI like most conventional central banks views digital currencies as a excessive danger exercise. We don’t have a regulatory framework nor do now we have tips or guidelines that govern the decision of disputes or disagreements.

India has closely taxed cryptocurrency after classifying them as digital digital property. Aside from sure primary KYC necessities, there isn’t a coherent regulation of crypto forex in India. However there are a lot of international locations internationally which have efficiently and proactively regulated cryptocurrencies. This consists of Dubai, European Union, and the rising laws in Hong Kong and Singapore. These worldwide examples additionally level out that almost all international locations have accepted the truth of cryptocurrencies, as a substitute of denying it. Whereas all nations internationally recognise the threats posed by crypto forex, these threats don’t overshadow the advantages of digital currencies. At any occasion the regulatory treatment can’t be worst than the illness.

#cryptocurrency #crypto #blockchain #ai #expertise #regulation #lawyer #advocate #court docket #dubai #world #digitalprivacy #europe #regulation

00:00 Introduction to Indian laws on Crypto
03:43 Crypto & World Rules
05:24 The EU Regime & MICA laws
07:44 Conclusion

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