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India cooperates with IMF on crypto consultation paper -Breaking


India and IMF collaborate on Crypto Consultation Paper

India’s Department of Economic Affairs is currently finalizing a consultation paper about crypto currencies. It will then be given to the federal government. Implementation of this document may bring India of 14 million people closer to an international regulation on digital assets.

Ajay Seth, Economic Affairs Secretary, spoke at an event held by the Ministry of Labour and Employment on Monday, May 30. revealed that his department is finishing the work on the consultation paper, which would define the nation’s stance on crypto.