money laundering: Crypto bourses block accounts as red flags rise

money laundering: Crypto bourses block accounts as red flags rise

Indian cryptocurrency exchanges have started reporting and blocking trading accounts, which undertake suspicious trades after government agencies raised red flags over cryptocurrencies being used for money laundering. The self-regulation comes at a time when India is yet to come out with any regulations around cryptocurrencies or the way to tax them. Industry trackers say investigators … Read more