Tancoo: Bill banning crypto 'a work in progress'
Business
Finance
Legal
September 22, 2025
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Finance Minister Davendranath Tancoo said the Virtual Assets and Virtual Assets Service Providers Bill, 2025, is intended to target people hiding billions in secret accounts and via virtual assets, including cryptocurrency.
It intends to ban use of cryptocurrency until December 2027.
The bill, which was introduced but not debated in the House of Representatives on September 19, is intended to regulate virtual assets and virtual asset providers.
Business
Finance
Legal
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