SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Top News News

The Economic Times

Top News / The Economic Times

details

Govt flags high-risk crypto system in note to Parliamentary panel

India's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal activities including drug trafficking and money laundering. Authorities are increasing financial surveillance and enforcement. Tax collections from VDAs are rising. New rules require reporting entities to disclose crypto transactions. Officials propose linking crypto ownership with PAN and uniform valuation norms to strengthen oversight.

21 May 2026 12:03 am