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India Planning to Launch Global Database of Crypto Exchanges by Next Year

India is planning to introduce a comprehensive global database of cryptocurrency exchanges to help law enforcement agencies combat crypto-related crimes. As per The Economic Times report, the launch is expected by the end of the current financial year. The global database of crypto exchanges is anticipated to play a pivotal role in providing crucial information on cryptocurrency assets. As reported earlier, The Organisation for Economic Co-operation and Development (OECD) recently released its Crypto-Asset Reporting Framework (CARF), which focuses on gathering tax-related data on cryptocurrency transactions.

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