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India Doesn’t Plan to Ban or Legalize Cryptos at This Stage
Feb 11, 2022(Last modified: Dec 19, 2023)
India’s finance minister, Nirmala Sitharaman provided some clarification on the current status of crypto policy in the country. While the government announced that crypto income will be taxed at 30%, making many believe that the country has legitimized cryptocurrencies, Sitharaman said that the government has not made a decision regarding the legalization or banning of such assets.
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