Special Investigating Team on black money (SIT) reported that criminal gangs are increasing the use of cryptocurrencies in their operations. Criminals are using cryptocurrencies to launder money and smuggle drugs. The Indian government recently announced that they are ready with drafting bill that would ban the use of cryptocurrencies in India. The drafted bill purposes […]The post SIT on black money warns Indian government of increasing use of cryptocurrencies in illegal activities appeared first on Coinnounce.