News > India discloses new cryptocurrency rules for exchanges

India discloses new cryptocurrency rules for exchanges

Tech Story | 03/04/2021 10:39 PM | Click to read full article

The Ministry of Corporate Affairs (MCA) has asked all the companies to report any form of transaction in Bitcoin, Litecoin, Ethereum, or any other cryptocurrency. 

A firm has to disclose every profit or loss transactions made, which revolves around any form of blockchain technology. Many industry leaders are not taking the move lightly.