Under the proposal, first put forward last year by the European Commission, crypto exchanges would have to obtain, hold, and submit information on those involved in transfers
Even though Bitcoin is on an upward march, Japan, China, and other major countries continue to put their faith in US treasury bills and gold.
The Bank of Japan plans to launch the first phase of its central bank digital currency (CBDC) experiment, joining counterparts aiming to match the rapid pace of private innovation.
In January, DGGI only confirmed seizing funds from six crypto exchanges, including India’s largest exchanges: WazirX, CoinDCX, BuyUCoin and Unocoin which summed up to Rs 40.5 crore.
