technology

Govt may give crypto holders a deadline to declare assets, fine violators: Report

Govt may give crypto holders a deadline to declare assets, fine violators: Report

The government may reportedly give cryptocurrency holders a deadline to declare their assets and meet any new rules that will be announced through the cryptocurrency bill. Any violators could be fined up to Rs.20 crore or face 1.5 years of imprisonment, Bloomberg reported citing sources. It may also prescribe a minimum threshold for investing in crypto assets, the report said..

technology 2021-12-07 Inshorts