GS3 · UPSC Mains
The convergence of peer-to-peer cryptocurrencies with traditional hawala has created an opaque transnational value-transfer network. Examine how this crypto-hawala nexus operates and why it poses challenges for India's anti-money-laundering and counter-terrorist-financing regime. Also, discuss the steps taken so far.
| Topper | Rank | Source | Copy |
|---|---|---|---|
| Varun Tokas | — | Vision | p.50 |
| Akshit Bhardwaj | — | Vision | p.50 |