New Delhi: After serious concerns were raised on cryptocurrencies and their misuse for money laundering and hawala-based transactions by terror groups and criminals, a new report has claimed that money laundering through the buying and selling of non-fungible tokens (NFTs) is becoming a growing sector. According to a report by Blockchain data platform Chainalysis, they […]
While the opinion may be divided on legitimising cryptocurrency, a blanket ban could be counter-productive, given the global trends in the growth of the virtual currency market. Prime Minister Narendra Modi’s call for a collective and synchronised global policymaking around the blockchain-backed digital currencies must be seen against the backdrop of conflicting policy formulations floating […]
