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Topic
Board Speculation
Merits 2 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wmaurik
on 22/09/2022, 08:55:37 UTC
⭐ Merited by fillippone (2)


The Indian government has highlighted the tax on goods and services to be applied to crypto and the point is to make it more comfortable for users to carry out any crypto transactions because from the news I read it was stated that the government plans to complete its stance on the legality of cryptocurrencies early next year. Indian Finance Minister Nirmala Sitharaman also urged the International Monetary Fund (IMF) to take a leading role in developing a global framework for cryptocurrencies. Source: news.bitcoin.com

This is a very good thing considering that India is a big country and it has also developed very well so far with more people who are already familiar with cryptocurrencies there.
Of course the impact that will be felt by everyone in India will be better when the government has legalized cryptocurrencies in India and will also have a good impact on the development of the crypto space in general.