Indian Government Demands from Its Corporated to Report Their Crypto Operations
The latest news from India – their corporates might have to report about their crypto operations to the government. Moreover, this information will be public. Considering the latest thoughts of Indian authorities about crypto, this doesn’t sound very optimistic.
Indian corporations aren’t very vocal about their opinions on crypto. This can be understood due to the general unfriendliness of this country’s government towards the digital assets. The Indian Reserve Bank revealed their major concerns about crypto although the bill about the complete ban of the digital money is still under review.
Shaktikant Das, the RBI Governor underlined that the Reserve Bank and the Indian government play in one team when it comes to the financial stability of the citizens. Das also reminded that they still work on issuing the digital rupee.