7/8 In summary: SBT, along with proper ID management and standardized protocols, can help with the digital inheritance landscape by providing a secure and transparent way to transfer assets after death.
All crypto businesses in the country would come under ambit of PMLA
This is a good step towards regulating the crypto industry in India
This also ensures all crypto businesses must perform necessary KYC, transaction monitoring etc as part of their process.
Good progress ✌️
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