Crypto transactions should be recognised as asset class, regulated centrally: RSS body
The Hindu
SJM co-convenor Ashwani Mahajan suggested that the govt should also ensure that data and hardware, which is used in mining, processing, and transacting of the cryptocurrencies, stay at domestic servers
The RSS-affiliated Swadeshi Jagaran Manch (SJM) has said that the government should bring a law to recognise cryptocurrency transactions as an “asset class” and regulate it.
Speaking to PTI, SJM co-convenor Ashwani Mahajan suggested that the government should also ensure that data and hardware, which is used in mining, processing, and transacting of the cryptocurrencies, stay at domestic servers.
It will help the government unearth illicit transactions and take action against them, he added.
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