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Legality of Cryptocurrency in India - Page 2

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general_trader

@general_trader

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Posted: 10 months ago

#11

India regulates cryptocurrencies under anti-money laundering laws. Transactions must be declared in income tax returns, and failure to do so may invite penalties under the Prevention of Money Laundering Act, 2002

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Sutapa

@Sutapasima

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+ 27

Helping Hands

Posted: 5 months ago

#12

Legal Standing: Crypto is considered a VDA or virtual property, not currency or legal tender.

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Legality of Cryptocurrency in India - Page 2

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