for sure , they can just make it a legal tender in India and along with the campaigning for digital India, there can be a campaign to encourage use of cryptocurrencies. 
Topic: 35 Countries Are About to Regulate Crypto Exchanges Like Banks (including India) (Read 171 times)
September 04, 2019, 02:28:37 PM
I don't think they can "regulate" a decentralized currency for sure , they can just make it a legal tender in India and along with the campaigning for digital India, there can be a campaign to encourage use of cryptocurrencies.
for sure , they can just make it a legal tender in India and along with the campaigning for digital India, there can be a campaign to encourage use of cryptocurrencies. May 27, 2019, 07:44:21 AM
India will never regulate it. If it wanted, they wouldn't postpone the hearing for over a year.
I really have no hope regarding it because we all know what the election results were and the past government never had any idea on what to do with the bitcoin market and they were postponing because they did not have a clue on how to deal with the market even with all the study they had for over a year, i have not heard about "The Financial Action Task Force" and i have no idea whether it will make any difference, all the business dealing with crypto market will move out of the country because of the inefficiency of the government and the legal system to sort anything on time. 
April 14, 2019, 10:17:29 AM
India will never regulate it. If it wanted, they wouldn't postpone the hearing for over a year.
April 02, 2019, 12:46:43 AM
is there any other hard proof that these all above mentioned countries are actually implementing?
There is no hard proof to say at this moment, but it is a good initiative that a general body is taking up the matter and implementing things to regulate the market rather than some governments who does not have the capability to think on how to regulate the market rather than shutting down the entire market space and making it hard for investors. Lets see how these will be implemented and whether all these said countries abide by the solution set by the task force.This could be a great news for many countries if that happen and for the world as well because their would be officially many country citizens would start accepting the crypto currencies officially for the merchant payment as well.
March 10, 2019, 07:13:50 PM
is there any other hard proof that these all above mentioned countries are actually implementing?
There is no hard proof to say at this moment, but it is a good initiative that a general body is taking up the matter and implementing things to regulate the market rather than some governments who does not have the capability to think on how to regulate the market rather than shutting down the entire market space and making it hard for investors. Lets see how these will be implemented and whether all these said countries abide by the solution set by the task force. March 06, 2019, 12:39:20 AM
is there any other hard proof that these all above mentioned countries are actually implementing?
March 05, 2019, 06:18:12 AM
The FAFT claimed that these standards are important in order to avoid the use of virtual currencies for illegal transactions.
The Financial Action Task Force is an inter-governmental body which was established in 1989. Its duty is to set standards and enhance effective implementation of legal, operational, and regulatory measures in the fight against money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The 35 member countries are:
Greece, Argentina, Brazil, Iceland, Germany, Austria, Finland, Australia, Belgium, Denmark, Canada, Israel, China, Japan, France, Greece, India, Luxembourg, Spain, Russian Federation, Norway, Italy, Republic of Korea, Netherlands, Mexico, Turkey, New Zealand, Singapore, Malaysia, South Africa, the U.K, the U.S, Portugal, Switzerland, Germany
Complete article: https://cryptoshib.com/35-countries-regulate-crypto-exchanges/
The Financial Action Task Force is an inter-governmental body which was established in 1989. Its duty is to set standards and enhance effective implementation of legal, operational, and regulatory measures in the fight against money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The 35 member countries are:
Greece, Argentina, Brazil, Iceland, Germany, Austria, Finland, Australia, Belgium, Denmark, Canada, Israel, China, Japan, France, Greece, India, Luxembourg, Spain, Russian Federation, Norway, Italy, Republic of Korea, Netherlands, Mexico, Turkey, New Zealand, Singapore, Malaysia, South Africa, the U.K, the U.S, Portugal, Switzerland, Germany
Complete article: https://cryptoshib.com/35-countries-regulate-crypto-exchanges/
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