ZyCrypto
2022-11-11 18:59:54

Heavy Taxation Could Kill India’s Cryptocurrency Market, Binance CEO Warns

Binance CEO Changpeng Zhao mentioned India’s high crypto taxes as something that can kill the Indian cryptocurrency sector. He said this while speaking at the Singapore Fintech Festival. “India has high tax which is probably going to kill the industry,” he said. He was referring to the 1% transaction tax and 30% capital gains tax

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