Today, news about stricter enforcement regarding rules in the Indian crypto market is in the spotlight. The government has increased monitoring on crypto transactions; now all exchanges will directly share your transaction reports with the Income Tax Department.
Along with this, a scam involving crores of rupees in the name of investing in crypto trading in Gwalior and Delhi has been busted. The police have arrested several accused. Investors have been advised to stay alert to fake apps and claims of huge profits.
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