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Survey: India should consider revising its taxes on cryptocurrencies

India should consider revising its taxes on cryptocurrencies rather than relying on its anti-money laundering rules to reverse the impact of these high taxes, according to the latest survey of Indian investors by the Esya Centre, a New Delhi-based technology policy think tank. The study also found that Indian investors have a fair degree of knowledge of the relevant regulations for cryptocurrency taxation (58%) and money laundering (52%), and prefer stablecoins with collateral (93%) to algorithm...

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2024-08-02 06:37:01
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