gtag('config', 'G-0PFHD683JR');
Bitcoin

India may change the policy of encryption due to international adoption: Report

The Indian government has a good reputation because it is harsh on encryption, but changing the organizational sea in the United States may cause the axis to occur.

The Indian government, which was historically opposed to encryption, is reviewing its organizational policy in response to adoption by other nation -states.

according to ReutersThe Minister of Economic Affairs of India, Ajay Seth, said that digital origins “do not believe in the borders” – which indicates that India does not want to fail from the revolution of digital assets.

The news of the potential policy shifting came amid a new tax of up to 70 % on the encryption gains that were not previously revealed as part of the income tax law in India.

Read more

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button