Tag: Crypto
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Global Cooperation Essential for Effective Crypto Regulation, Asserts Finance Minister
Finance Minister Nirmala Sitharaman on Monday, December 8, said that it will take “significant international collaboration” to efficiently regulate cryptocurrency and other virtual digital assets (VDAs). Speaking at the Lok Sabha, the minister said that India does not collect data nor regulate the crypto industry that is “inherently borderless” in nature. “Any regulatory framework…
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Hyderabad AI Research Scientist Defrauded of Rs 85 Lakh in Crypto Matrimony Scam
Hyderabad: A 32-year-old research scientist working in the field of artificial intelligence (AI) at a software MNC, lodged a complaint with the Hyderabad Cyber Crimes police station on Thursday alleging that he was duped of 85.05 lakh in a cryptocurrency investment scam run through a matrimony website.The victim from Nallakunta, who recently completed a PhD…