Transacting in virtual digital assets like cryptocurrency, non-fungible tokens (NFTs), others using Peer-to-Peer (P2P) mechanism carries risk. Hence experts advise to buy VDAs only through Indian KYC and other law abiding exchanges otherwise both the transacting parties i.e. buyer and seller stand at the risk of violating various Indian laws.
from Tax-Wealth-Economic Times https://ift.tt/P7yKbTN
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