đ¨ Key takeaways from todayâs Indian Parliamentary meeting on VDAs (Virtual Digital Assets) đ
⢠Committee raised concerns that âthousands of croresâ are moving out of India through crypto investments
⢠Binance India, WazirX & ZebPay were called to attend the discussion
⢠Revenue Secretary and senior tax officials were also present
⢠RBI reportedly continues to oppose crypto regulation strongly
⢠India is studying how the U.S., EU, China, Japan & Brazil regulate crypto
⢠No final decision yet â more meetings are expected
⢠Despite high crypto taxes, most Indian trading volume still flows through foreign exchanges â ď¸
Indiaâs crypto regulation debate is clearly entering a more serious phase đ
#India #Crypto #Bitcoin
⢠Committee raised concerns that âthousands of croresâ are moving out of India through crypto investments
⢠Binance India, WazirX & ZebPay were called to attend the discussion
⢠Revenue Secretary and senior tax officials were also present
⢠RBI reportedly continues to oppose crypto regulation strongly
⢠India is studying how the U.S., EU, China, Japan & Brazil regulate crypto
⢠No final decision yet â more meetings are expected
⢠Despite high crypto taxes, most Indian trading volume still flows through foreign exchanges â ď¸
Indiaâs crypto regulation debate is clearly entering a more serious phase đ
#India #Crypto #Bitcoin