Stricter regulatory framework, global cooperation required to curb illicit crypto transactions, says DRI
New Delhi: Highlighting the increasing use of cryptocurrencies for smuggling and money laundering, the directorate of revenue intelligence (DRI) has said that stronger regulatory frameworks, advanced forensic tools and global cooperation are required to curb the misuse of these digital assets.
In its report Smuggling in India 2024-2025, released on Thursday, DRI has highlighted the growing convergence between traditional smuggling networks and emerging digital financial systems.
