CryptoCoinDeskabout 1 hour ago
RBI pushes crypto ban, tax evasion flagged
1 min read
The Reserve Bank of India is pushing for a policy leaning toward prohibiting crypto, opposing bank exposure and stablecoins. Tax authorities report that fewer than a quarter of 645,000 crypto transactors declared gains in FY2023, citing difficulties tracking offshore and peer-to-peer transactions.
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