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Indian Supreme Court urges government to create cryptocurrency rules, citing economic risks.
The Indian Supreme Court has criticized the government for its lack of a clear cryptocurrency regulation policy, expressing concerns over the potential economic impacts of an unregulated "parallel under-market."
The court urged the government to develop a comprehensive regulatory framework, suggesting that a complete ban might not be the best approach.
The justices noted that taxing cryptocurrency trading implies some legal recognition and emphasized the need for oversight to prevent economic risks.
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La Corte Suprema de la India insta al gobierno a crear reglas de criptomonedas, citando riesgos económicos.