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International Journal of Scientific & Engineering Research Volume 11, Issue 4, April2020 ISSN 22295518616Cryptocurrency and Its Awareness in India Shubham Want, Aditya Island, Pahlavi RAI, Tan may
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Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Awareness about cryptocurrency refers to knowledge and understanding of how it works, its risks, and its potential benefits.
Individuals and businesses that deal with cryptocurrency, such as buying, selling, or trading, are required to file information about their cryptocurrency transactions and their awareness of cryptocurrency regulations.
To fill out cryptocurrency and its awareness, individuals and businesses can use online platforms or software specifically designed for reporting cryptocurrency transactions. They must provide accurate and detailed information about their cryptocurrency activities.
The purpose of cryptocurrency and its awareness is to ensure transparency, compliance with regulations, and to prevent illegal activities such as money laundering and tax evasion related to cryptocurrency transactions.
Information that must be reported on cryptocurrency and its awareness includes details of cryptocurrency transactions, the value of cryptocurrency holdings, and any income or gains realized from cryptocurrency activities.
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