💥💥💥💥Breaking News 💥💥💥💥 The Indian finance ministry on 7th March 2023 announced that #cryptocurrency transactions would now come under the ambit of money laundering provisions.
participation in transactions involving virtual digital assets would be under the Prevention of Money Laundering Act #PMLA
#law #policy #finance #digital #currency #bitcoin #crypto

1. India holds the #2 position globally in terms of Internet Users.
2. It ranks #1 in Data Consumption, showcasing the highest data usage worldwide.
3. India leads at #1 in Digital Payment Volume, reflecting the largest number of digital transactions.
4. With a #3 position in Unicorns, India is among the top nations for startup ecosystems.
5. Ranking #2 in Social Media Users, India has one of the largest social media populations.
6. India is #1 in Software Services Exports, leading in global IT service delivery.
7. Holding the #1 spot in Engineering Graduates, India produces the highest number of engineering professionals annually.
8. India is #2 in Mobile App Downloads, indicating significant app usage and engagement.
9. The country ranks #3 in E-commerce Growth, showing rapid expansion in online retail.
10. India is #1 in the Global Fintech Adoption Rate, highlighting widespread use of fintech solutions.

#DigitalIndia
#FinTech
#Digital
#India