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Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges – Regulation Bitcoin News

Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate ExchangesIndia’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms.
Indian Finance Minister Cautions About CryptoIndian Finance Minister Nirmala Sitharaman reportedly warned about cryptocurrency Saturday at an event organized by the BJP Economic Cell.
On Thursday, News18 reported that the finance minister asked investors to exercise caution on crypto, emphasizing that a new law on cryptocurrency is coming soon.
Wazirx‘s bank assets worth $8 million were frozen on Aug. 5 and Vauld‘s bank and crypto assets worth about $46 million were frozen last week.
What do you think about the finance minister cautioning investors about crypto and the ED investigating crypto exchanges?

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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