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SC Questions Centre’s Delay In Crypto Regulation

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SUMMARY

The Supreme Court has questioned that that regulatory measures are needed to govern cryptocurrency

The current taxation of Bitcoin trading profits at 30% implies a form of legal recognition, said the Court

Additional Solicitor General Aishwarya Bhati said that she would seek Centre’s instructions on the crypto matter

The Supreme Court has reportedly questioned the central government’s delay in formulating cryptocurrency regulations, highlighting concerns over its…

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