Nirmala sitharaman
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Consumer Rights Body Asks Finance Minister To Probe Business Activities Of Rario Where Sachin Tendulkar Is A Strategic Investor
The Consumer Online Foundation has written to Finance Minister Nirmala Sitharaman to investigate the business activities of company Rario and its compliance with Indian taxation laws with respect to virtual digital assets and crypto currency and anti-money-laundering (AML) laws.
Bejon Kumar Mishra, Managing Trustee, Consumer Online Foundation said in the letter to Sitharaman that as per its official website, Rario refers to itself as the world's first and largest licensed digital cricket collectible platform, dedicated to bringing the fans closer to the sport like never before. In reality, Rario is an NFT and cryptocurrency platform, a fact which is not obvious to a visitor to their website.
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