City
Epaper

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 ...

Open in App

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

Tags: New DelhiindiaSupreme Court
Open in App

Related Stories

BusinessVodafone Idea Shares Rise by 2% a Day After Telecom Sector Plunges on Supreme Court Order

EntertainmentHAQ’ Promotions Begin: Emraan Hashmi, Yami Gautam Dhar Recreate Film Poster at Supreme Court

BusinessVodafone Idea Shares Crashes Over 10% After Superme Court’s Written Order on AGR Dues Sparks Confuson

BusinessVodafone Idea Shares Price Fall 3% After SC AGR Relief; Experts Call It a Risky Buy

BusinessVodafone Idea Share Price Jumps 9%, Touches ₹10 After Supreme Court Grants Relief in AGR Dues

Technology Realted Stories

TechnologyNortheast emerging as new frontier of Indo-French collaboration: Jyotiraditya Scindia

TechnologyIndia plans Rs 65,400 crore push to build its own fighter jet engines by 2035

TechnologyCreate Logos that Misbehave: When Branding Gets Delightfully Weird

TechnologyStrict orders issued to speed up farmers’ crop insurance claims: Shivraj Singh Chouhan

TechnologyIndia shows power of sharing knowledge and learning together: Industry leader