India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms

India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms

India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryptocurrency was raised in parliament after the government announced that income from crypto transactions will be taxed at 30%. Finance Minister Reveals Status of Crypto Policy in India India’s finance minister, Nirmala Sitharaman, clarified on Friday that the government has not made a decision on whether to legalize or ban cryptocurrency. During her Budget speech last week, the....


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