Lawyer demands proper framework for cryptocurrency, files PIL

Lawyer demands proper framework for cryptocurrency, files PIL

File photo KOLKATA: A city-based lawyer has filed a public interest litigation with Calcutta High Court demanding a proper framework for cryptocurrency such as Bitcoin in the country, in the absence of which digital currencies were enjoying a free run in the underworld. The lawyer also pointed out the link between cryptocurrency and dark web that, he alleged, aided money laundering and terror activities, apart from facilitating purchase of drugs. The link came to the fore in Kolkata last month after the Narcotics Control Bureau arrested two youths for procuring and selling LSD patches. The patches were ordered through […]