Yugocean
Valued Contributor
In the wake of the controversy surrounding cryptocurrencies, four of the largest multinational tax, audit and finance related professional services firms working in India, have begun to identify their executives and partners on cryptocurrencies.
Mentioned as Big-4, Deloitte, KPMG, PricewaterhouseCoopers, and Ernst & Young, works with the central bank and the government, so they want to avoid any possible disputes.
Although, right now there is no ban on cryptocurrencies in India, but central bank is in favour of complete ban, and government yet has to present a bill, so the Companies haven't prohibited anyone from investing in crypto; however, they want people working with them to disclose the crypto investment made during the year.
The officials and partners have been told to disclose not only their own cryptocurreny investment but also the investments made by their family members, this includes NFTs.
Mentioned as Big-4, Deloitte, KPMG, PricewaterhouseCoopers, and Ernst & Young, works with the central bank and the government, so they want to avoid any possible disputes.
Although, right now there is no ban on cryptocurrencies in India, but central bank is in favour of complete ban, and government yet has to present a bill, so the Companies haven't prohibited anyone from investing in crypto; however, they want people working with them to disclose the crypto investment made during the year.
The officials and partners have been told to disclose not only their own cryptocurreny investment but also the investments made by their family members, this includes NFTs.
