India Will Announce Crypto Policy In September 🚀
🔍 Key Details
🔹 Policy Announcement: India is expected to release a discussion paper on cryptocurrency policy before September.
🔹 Consultation Process: The document will invite input from stakeholders, with an emphasis on consensus building.
🔹 Inter-Ministerial Participation: The inter-ministerial group includes the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
🔹 Current Regulations: Focus on anti-money laundering (AML) and electronic funds transfer (EFT).
💡 Background
🔹 Statement from Secretary Economic Department: Ajay Seth emphasized the importance of consulting with stakeholders.
🔹 Global Context: India's position follows efforts to promote global regulation of cryptocurrencies during the G20 Presidency.
🔗 Source: 🔥Crypto Analysis ⚡️⚡️
https://t.me/cryptoanalysisvn/1/1847
