The inclusion of virtual digital assets in the PMLA will work towards protecting cryptocurrency users in the country. Crypto transactions will be strictly monitored. And the Enforcement Directorate will be investigating any financial wrongdoing involving crypto assets. Crypto firms will ensure the execution of this law and protect the interests of their users. This does not impact compliant retail investors that are trading/investing in cryptocurrencies. They can continue to transact in cryptocurrencies as they have been doing.
What does this mean for the Investors?
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