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Articles for Vda, search results for regulation

Virtual digital assets regulation in G20 countries: Towards a global governance framework
1 year, 3 months ago

Virtual digital assets regulation in G20 countries: Towards a global governance framework

Hindustan Times  

Statements made by public officials in certain G20 member-States as well commentaries by financial analysts suggest that emerging market economies stand on a different footing from developed counterparts in their regulation of virtual digital assets. This paper examines this notion by presenting a quantitative analysis of the positions taken by G20 member-countries on different facets of virtual digital assets regulation. …

Regulation Regulatory Framework G20 Countries Paper Digital Assets Virtual
India’s G20 presidency: For Virtual Digital Assets
1 year, 4 months ago

India’s G20 presidency: For Virtual Digital Assets

Hindustan Times  

Virtual Digital Assets were, for the longest period, considered forbidden fruits, capable of causing financial instability and compromising transactional integrity. An SOP focused on the four priority areas - Consumer and Investor Protection, Access to Law Enforcement Agencies to Address Fraudulent Practices, Regulatory Arbitrage and Financial Stability – holds the potential to address the existing lacunae in the VDA framework. …

India Regulation Enforcement Regulatory Assets G20 Law Enforcement Agencies
Cryptos Under PMLA: A Move To Go A Long Way Towards Empowering Legitimate Businesses
1 year, 8 months ago

Cryptos Under PMLA: A Move To Go A Long Way Towards Empowering Legitimate Businesses

News 18  

Earlier this month, the finance ministry notified that certain activities relating to virtual digital assets, including cryptocurrencies, will be brought under the ambit of the Prevention of Money Laundering Act, 2002. Now, service providers in this space, specifically VDA exchanges and wallet operators, need to conduct due diligence activities, including reporting suspicious transactions/ activities related to the sale or purchase …

India Money Laundering Money Act Laundering Pmla Vda
Five Ways That Crypto Asset Reporting Framework Can Impact Indian Institutions, Investors
2 years ago

Five Ways That Crypto Asset Reporting Framework Can Impact Indian Institutions, Investors

News 18  

India is one of the few early signatories and adopters to the Multilateral Competent Authority Agreement which provides a standardised and efficient mechanism to facilitate automatic exchange of information released by rhw Organization for Economic Co-operation and Development. CARF rules are designed to include the scope of crypto assets to be covered, entities and individuals subject to data collection and …

India Tax Crypto Indian Assets Service Currency
Consumption Of Fake Information Is Injurious To Health: Progressive Steps Towards Ad Regulation In India
2 years, 1 month ago

Consumption Of Fake Information Is Injurious To Health: Progressive Steps Towards Ad Regulation In India

Live Law  

The year 2020-21 bore witness to a significant number of changes relating to almost every aspect of human life and the advertising ecosystem was no exception. There was a major shift from print media to digital media: the pandemic accelerated the process of digitizing the print media, opening the floodgates to a stream of According to the ASCI Complaint Analysis …

India Advertising Misleading Media Consumer Delhi Consumer Protection
WIll Crypto-Asset Reporting Framework bring clarity for investors?
2 years, 1 month ago

WIll Crypto-Asset Reporting Framework bring clarity for investors?

Live Mint  

Transactions in cryptocurrency have increased manifold. The OECD defines crypto assets as a digital representation of value that relies on a cryptographically secured distributed ledger or a similar technology to validate and secure transactions. The framework provides guidance on various aspects of entities and individuals, subject to data reporting responsibility and data collection requirements, types of transactions covered, and relevant …

India Tax Information Crypto Assets Digital Digital Assets
Cryptocurrency tax, bill in India: What we know so far
2 years, 8 months ago

Cryptocurrency tax, bill in India: What we know so far

India Today  

The cryptocurrency tax and proposed regulation bill have been a topic of discussion among investors and stakeholders in India for sometime. The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing the set off of any losses with gains from other virtual digital assets, according to a PTI report. FINANCE BILL, 2022 As per the …

India Tax Cryptocurrency Pti Bill 2022 Tds