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Biggest risk of cryptocurrency could be money laundering, its use for financing terror, says Nirmala Sitharaman

Shortpedia

Content Team
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Casting doubts on cryptocurrency market in India, Union FM Nirmala Sitharaman said that the biggest risk of cryptocurrency could be money laundering and its use for financing terror. In her address at a seminar during the ongoing spring meet of the IMF, Sitharaman said: "I think the biggest risk for all countries across the board will be the money laundering aspect and also the aspect of currency being used for financing terror."