Online money games ban aimed at protecting families, preventing terror financing and money laundering, says Ashwini Vaishnaw

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The online gaming bill, passed by the Lok Sabha, has proposed a sweeping ban on online money games. Information Technology Minister Ashwini Vaishnaw, in an exclusive interview to CNBC-TV18, said the decision was necessary to protect families and society from the harmful impacts of such platforms.

“The harmful impact of online money games has been well documented by WHO. Recently, a Times of India report said that in 31 days, 30 suicides happened because of online money games. Entire middle-class families are losing their life savings. In extreme…



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Online money games ban aimed at protecting families, preventing terror financing and money laundering, says Ashwini Vaishnaw


The online gaming bill, passed by the Lok Sabha, has proposed a sweeping ban on online money games. Information Technology Minister Ashwini Vaishnaw, in an exclusive interview to CNBC-TV18, said the decision was necessary to protect families and society from the harmful impacts of such platforms.

“The harmful impact of online money games has been well documented by WHO. Recently, a Times of India report said that in 31 days, 30 suicides happened because of online money games. Entire middle-class families are losing their life savings. In extreme…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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