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India trade association, CII wants crypto to be considered ‘securities of a special class’
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India’s ongoing regulatory uncertainty regarding cryptocurrencies, has led to widespread FUD in the sector. However, another side of the regulatory narrative has come to the fore amid these circumstances.
The Confederation of Indian Industries (CII) proposed that cryptocurrencies and other digital assets be designated as ‘securities of a special class,’ according to local media. The special status should allow cryptocurrencies to be exempt from current securities regulations. Furthermore, the CII
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