5 Ways Cryptocurrencies Will Become More Authoritative Post-New Cryptocurrency Framework

In a significant move under India’s presidency, the G20 countries have collectively embraced the groundbreaking initiative to establish the world’s pioneering regulations governing cryptocurrencies. The new cryptocurrency framework is designed to bring cryptocurrencies within the ambit of legal and tax frameworks, allowing for monitoring of cryptoization and mitigation of illicit activities. The initiative aims to categorize cryptocurrencies as virtual digital assets and extend the regulatory scope to encompass various crypto tokens.

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