Policy 4.0 suggests a wallet-based approach to regulate crypto in India2 min read . Updated: 23 Nov 2021, 03:00 PM IST
- The government and industry experts held talks on how to move forward on cryptocurrency in India. The Centre is reportedly considering regulating crypto as a commodity than a currency
NEW DELHI: Emerging technology think tank, Policy 4.0, has suggested a wallet-based solution for India to tackle the spectrum of regulatory risks the government faces with cryptocurrencies. The report recommended that India should build its own “India Wallet" to tackle know your customer (KYC), the inflow and outflow of cryptocurrency, and monetary concerns.
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