The Prevention of Money Laundering Act (PMLA) is an Indian law that aims to prevent money laundering and the financing of terrorist activities. As per recent developments, the Indian government is planning to bring crypto intermediaries under the ambit of #PMLA. This means that cryptocurrency exchanges, wallet providers, and other intermediaries will be required to comply with the PMLA regulations, including customer due diligence and reporting suspicious transactions.
The Indian government introduced a significant notification on March 7, 2023 bringing into coverage of various crypto intermediaries within the purview of the Prevention of Money Laundering Act, 2002 (PMLA). However, the Supreme Court of India overturned the ban in 2020, paving the way for greater adoption of #cryptocurrencies in the country.
The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams. The global crypto market stands at more than $1 trillion and has risen sharply in recent months, although it remains far below its 2021 peak of $3 trillion. The number of crypto customers 'grew during the Covid lockdowns .
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2:47 #AIIMS to equip itself with 5G network by June 30
3:30 Hitachi Energy Group hit by cyber-attack
4:05 #Amazon in advanced discussions to acquire MX Player
4:38 Parliamentary panel recommends state govts to identify cyber hotspots
5:15 #Twitter disables two-factor authentication for non-twitter blue subscribers
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The Prevention of Money Laundering Act (PMLA) is an Indian law that aims to prevent money laundering and the financing of terrorist activities. As per recent developments, the Indian government is planning to bring crypto intermediaries under the ambit of #PMLA. This means that cryptocurrency exchanges, wallet providers, and other intermediaries will be required to comply with the PMLA regulations, including customer due diligence and reporting suspicious transactions.
The Indian government introduced a significant notification on March 7, 2023 bringing into coverage of various crypto intermediaries within the purview of the Prevention of Money Laundering Act, 2002 (PMLA). However, the Supreme Court of India overturned the ban in 2020, paving the way for greater adoption of #cryptocurrencies in the country.
The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams. The global crypto market stands at more than $1 trillion and has risen sharply in recent months, although it remains far below its 2021 peak of $3 trillion. The number of crypto customers 'grew during the Covid lockdowns .
Today's Headline in NewsHours
0:00 Intro
2:47 #AIIMS to equip itself with 5G network by June 30
3:30 Hitachi Energy Group hit by cyber-attack
4:05 #Amazon in advanced discussions to acquire MX Player
4:38 Parliamentary panel recommends state govts to identify cyber hotspots
5:15 #Twitter disables two-factor authentication for non-twitter blue subscribers
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https://varind
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Note - i can not give you 100% assurance....so invest it at your own risk...i am not responsible for any kind of loss or delay...because online busniness is so risky and future is also uncertain !
????????????For More Updates ????????????
Subscribe Here- https://goo.gl/ZmbsgJ
CONTACT DETAILS.
dineshkumar.bzk@gmail.com
Mobile & Whatsapp- +91 9568219897
Telegram- https://goo.gl/bgF32Q
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Binance Exchnage- https://goo.gl/Tpwsyk
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????Make Account on Top Exchnages????
Binance Exchnage- https://goo.gl/Tpwsyk
Cryptopia Exchange - https://goo.gl/2opZMP
Hitbtc Exchnage- ref_id=5a3ea7b06d3c8
Note - i can not give you 100% assurance....so invest it at your own risk...i am not responsible for any kind of loss or delay...because online busniness is so risky and future is also uncertain
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