The Indian government is strengthening its crypto enforcement capabilities on a large scale, providing blockchain forensics training to the FIU-IND (Financial Intelligence Unit), ED (Law Enforcement Bureau), NCB (Drug Enforcement Bureau), I4C (Cybercrime Coordination Center), and the national police system, covering skills such as on-chain fund traceability, asset seizure, and wallet identification. This move coincides with the inclusion of crypto assets in the PMLA's Anti-Money Laundering Act and the taxation policy on crypto income (30% tax rate + 1% TDS withholding), aiming to strengthen compliance, combat money laundering and tax evasion, and accelerate the regulation of virtual digital assets in India from ambiguity to systematic implementation. (financefeeds)
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The Indian government is strengthening its crypto enforcement capabilities on a large scale, providing blockchain forensics training to the FIU-IND (Financial Intelligence Unit), ED (Law Enforcement Bureau), NCB (Drug Enforcement Bureau), I4C (Cybercrime Coordination Center), and the national police system, covering skills such as on-chain fund traceability, asset seizure, and wallet identification. This move coincides with the inclusion of crypto assets in the PMLA's Anti-Money Laundering Act and the taxation policy on crypto income (30% tax rate + 1% TDS withholding), aiming to strengthen compliance, combat money laundering and tax evasion, and accelerate the regulation of virtual digital assets in India from ambiguity to systematic implementation. (financefeeds)