Need for Regulating Crypto in India
WazirX Blog16 Jun 2021 | 08:27 am
Rameesh Kailasam, co-host of 'Digital Assets Of The Future – Crypto', has said that 90% of security issues, apprehensions, and fear of it replacing legal tender and the threat to the future of payments can be waived off if crypto is classified as an asset. With the suitable classification, aspects of tracking and taxation will also fall in place, he added. India can benefit by strategically regulating the Crypto space and thinking about it progressively, he further said.