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As FM Nirmala Sitharaman talked about introducing fresh cryptocurrency regulations in India under the G20 presidency, it is likely that a ban on crypto is on the cards. ....
Currently, the government doesn't recognise cryptocurrencies, but it does impose a hefty (30 per cent) tax on revenue derived from the virtual digital assets. ....
Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile "Wild West" market. ....