India’s Betting App Ban and Money Laundering Risks - IAS EXAM
India’s recent legislative move to ban online betting and real-money gaming apps under the Promotion and Regulation of Online Gaming Bill, 2025 marks a significant shift in digital gaming regulation. While the government has justified the ban based on concerns over psychological distress, financial loss, money laundering, terror financing, and threats to national security, this move may ironically worsen the problem of money laundering rather than curtail it.
#dailycurrentaffairsforUPSC
