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Digital tax fine but what about crypto money laundering via Dark Web?

By IANS | Updated: February 7, 2022 11:50 IST

New Delhi, Feb 7 As we navigate through the debate on crypto's future in India, mere imposing a ...

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New Delhi, Feb 7 As we navigate through the debate on crypto's future in India, mere imposing a 30 per cent tax on digital assets is not enough as money laundering and hawala-based transactions are growing significantly via cryptocurrencies on the Dark Web, putting India's national security at risk, warn experts.

A Supreme Court bench observed last week that offence of money laundering is a more "serious and heinous crime than murder" as it hampers the entire economy.

Even non-fungible tokens

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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