Indian crypto markets remained quiet after the government unveiled a 30% crypto tax and a digital Rupee announcement. Is the local crypto community numb to the 'will they, won't they' relationship between crypto and regulators? Sponsored by turbotax:
In her presentation of the Modi government’s budget to Parliament, Indian Finance Minister Nirmala Sitharaman announced plans to launch a digital rupee by next year, and tax income from the transfer of virtual
assets at 30%. This comes amid talks of a potential crypto ban in the country. “The Hash” team discusses the latest development in India’s years-long crypto bend indicating it may legitimize digital assets after all.
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