Posted 1/20/2024, 2:52:43 PM
Centre Seeks More Time from Supreme Court to Finalize Crypto Regulation Mechanism and Safeguards
- Centre told Supreme Court it has not yet decided on a mechanism to regulate cryptocurrencies and investigate related offenses
- Centre seeking more time to file affidavit detailing updated position on cryptocurrency regulation mechanism
- Supreme Court said it wants appropriate safeguards to protect people from cryptocurrency fraud and misuse
- Court granted absolute interim protection from arrest to a man accused of cryptocurrency fraud across multiple states
- Attorney General had earlier submitted the crypto regulation matter requires detailed consideration from domestic and international perspective