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Benzinga
Benzinga
Business
Navdeep Yadav

India To Regulate Cryptos Like Bitcoin And Dogecoin Only After Global Consensus: Report

A shadow of fear and uncertainty over India's cryptocurrency ecosystem is expected to end only after a global consensus emerges on regulating such assets, a Bloomberg report on Friday (New Delhi time) indicated.

A source at the Indian Finance Ministry told Bloomberg that the government is not expected to bring a law anytime soon to either regulate or tighten provisions for the use of cryptocurrency in India. 

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