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India’s cryptocurrency fans might have to link their Aadhaar IDs with their wallets

DATE POSTED:February 13, 2018

As India cozies up further with cryptocurrencies, it looks like enthusiasts will have to let the government get a ringside view of the action, as a proposal to link accounts on Bitcoin exchanges to users’ national IDs is in the works. Ajeet Khurana, head of the Blockchain and Cryptocurrency Committee of the Internet and Mobile Association of India (IAMAI), told the Economic Times that the group (which counts seven cryptocurrency exchanges among its members) plans to submit a proposal to the government, in which the concerned agencies will be able to look up purchase data for all buyers and sellers…

This story continues at The Next Web