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News Wire / economy

Mumbai Man Arrested For Crypto Investment Scam

GDELT Global Events Mumbai 42d41d Impact 7
A man in Mumbai has been arrested for operating a cryptocurrency investment scam. The head of Russia's central bank, Elvira Nabiullina, has not supported the use of cryptocurrency as a payment method in Russia. Authorities are investigating the extent of the fraud. The arrest is part of a broader effort to regulate digital currencies, with the Ministry of Finance intending to adjust taxation on digital assets.

Topics

cryptocurrency fraud regulation

Developing

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Sources · 7 independent

CNA938 Singapore

“third largest air transport market. SIA believes this investment will eventually take off. India's state-run oil”

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