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India delays VDA regulations, seeks international collaboration to tackle crypto challenges.
The Indian government has not set a timeline for comprehensive regulatory guidelines for Virtual Digital Assets (VDAs), citing the need for international collaboration to prevent regulatory arbitrage.
VDAs are now subject to the Prevention of Money Laundering Act and income taxes.
The government is consulting with global bodies and engaging with the G20 to address risks and challenges related to crypto assets.
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India retrasa la regulación del VDA, busca la colaboración internacional para hacer frente a los desafíos criptográficos.