India launches a fresh review of cryptocurrency regulations
TLDR
The Indian government is reviewing its cryptocurrency regulations in response to global shifts. The current framework includes heavy taxation of 30% on gains and a 1% transaction tax. This move follows the Trump administration’s crypto-positive stance influencing global policy. A previously shelved discussion paper from 2024 is being reopened for examination due to changing attitudes in multiple jurisdictions.
Source link
#India #Launches #Review #Cryptocurrency #Regulations
