WebMar 11, 2024 · On March 7, 2024, the Department of Revenue in the Ministry of Finance issued a landmark notification under the Prevention of Money Laundering Act, 2002 … WebCryptocurrency under PMLA lens: Know what it means and how it will change the crypto space. smefutures. Related Topics Crypto comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like. r/CryptoCurrency • USDC Depeg / Circle Megathread. r ...
blockchain: Bringing crypto transactions under the lens of the PMLA ...
WebMar 20, 2024 · The recent amendments to the Prevention of Money Laundering Act, 2024, (PMLA) seeks to use these touch points as the basis for regulation.The set of transactions that have been brought under the scope of the PMLA include (i) exchange between virtual digital assets and fiat currencies; (ii) exchange between one or more forms of virtual … WebMar 10, 2024 · Crypto under PMLA: Industry gives thumbs up, expects higher investor faith Story in numbers: PMLA registrations up four-fold, higher than a decade ago Cryptocurrency under PMLA: What changes for those investing in VDAs now? Sebi amends rules governing mode of payment by market intermediaries phonic kits
Crypto markets under PMLA Current Affairs
WebMar 9, 2024 · Enforcement Directorate and Income Tax Department are already probing several such money laundering cases against companies running cryptocurrency exchanges and transactions and nearly Rs 936 crore related to crypto currency has been attached … Web1 day ago · A prosecution complaint was filed against her on July 5, 2024. The evidence about the corrupt practices was shared with the Jharkhand government under section 66 (2) of the PMLA for considering taking action under the Prevention of Corruption Act against Singhal and others. WebMar 8, 2024 · Following the release of the notification, the crypto industry has lauded the move. Ashish Singhal, Co-founder of Coinswitch, in a tweet said, “the notification to bring VDA transactions under... how do you treat tapeworms in humans