Policy 4.0 suggests a wallet-based approach to regulate crypto in India

Policy 4.0 has said the first regulatory focus should be on wallets and the onus should be on the citizens to get a verified wallet. (Photo: Reuters)

NEW DELHI: Emerging technology think tank, Policy 4.0, has suggested a wallet-based solution for India to tackle the spectrum of regulatory risks the government faces with cryptocurrencies. The report recommended that India should build its own “India Wallet” to tackle know your customer (KYC), the inflow and outflow of cryptocurrency, and monetary concerns. The government … Read more