CoinDCX CEO: India Must Enact Crypto Laws (Communities - News & Events)
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Item ID 3086439 in Category: Communities - News & Events
CoinDCX CEO: India Must Enact Crypto Laws | |
More than 90% of domestic cryptocurrency transactions, or over ₹6 lakh crore, moved abroad. India should not hesitate to regulate the cryptocurrency sector since it may lose out on innovation, talent, and value created through crypto transactions, especially since incoming US President Donald Trump is anticipated to issue administrative orders on the subject shortly and many other jurisdictions are taking a proactive stance. In an interview, CoinDCX CEO and co-founder Sumit Gupta tells Businessline. He also discusses the proposal to acquire the struggling cryptocurrency exchange WazirX. Quotes: How does the industry promote itself to the Center before the Budget? Roughly three years have passed since cryptocurrency transactions were subject to increased taxes. Crypto was not mentioned in the previous budget. I’m hoping that this budget will address cryptocurrency and ease the taxes on it.  | |
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| Target State: Uttar Pradesh Target City : Lucknow Last Update : 03 February 2025 4:52 PM Number of Views: 22 | Item Owner : TheceoDialogs Contact Email: Contact Phone: 9315895421 |
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2025-02-23 (0.393 sec)