GK Question

technology medium true_false

India's crypto regulatory framework requires VASPs to maintain capital reserves for operational risks.

  1. True
  2. False

Answer: False

As of 2026, India's crypto regulation focuses on AML/KYC and taxation. Capital requirements for VASPs are under consideration but not yet mandated. Critical for understanding evolving regulatory landscape.

Topic Crypto Regulation
Exam Relevance Banking, UPSC, SSC