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Assets worth Rs 1,243 crore are seized by ED in cryptocurrency-related criminal offenses
In connection with cryptocurrency-related criminal proceedings, the Enforcement Directorate has taken possession of assets worth Rs 1,243 crore.
Further assets worth Rs 289.28 billion have been seized by FEMA in accordance with Section 37A of the Act.
In response to the growing use of "virtual assets" for money laundering, the Financial Action Task Force (FATF) Plenary endorsed
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