Killing it softly or regulating to innovate? India at the crypto crossroads
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India has contributed a wealth of talent to the cryptocurrency sector, despite years of regulatory uncertainty. Now, as a hefty new tax on crypto income is set to take effect next week, the…
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The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
India remains the leader in global cryptocurrency adoption despite regulatory challenges. The ban on offshore exchanges has not significantly reduced their usage in India, and regulatory adjustments are ongoing. In 2024, India continues to lead the world in cryptocurrency adoption, per the most recent Chainalysis analysis. The country continues to…