India Reconsiders Crypto Regulations, but High Taxes Still Burden Traders

2025-02-03 22:59:46

Abstract generation in progress

India is re-evaluating its approach to digital assets, which may delay the long-awaited discussion paper on crypto regulations. The paper was initially expected in September 2024.

Ajay Seth, India’s Economic Affairs Secretary, explained the government’s new approach. He noted that multiple countries have adjusted their crypto policies, influencing India’s decision to revisit its own framework.

This shift follows recent developments in the U.S., where President Donald Trump has introduced new p

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