Firstly our board left stranded, and our fellow community members should revive and start the discussions again as in the past and I hope I can engage into the discussions as well regularly.
Great! It will be really helpful if someone can take up this initiative and bring back some activities in the group.
[/Quote]What is the hope for cryptocurrency in India especially this year, in my opinion not looking too great since the implementation of new tax policy last year but with the next government can something will change if there is someone who is in the position of making policies and also understand the potential in cryptocurrency and blockchain technology.
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To be honest, the current 30% taxation is nonsense! I personally have stopped selling bitcoin after this rule came into effect. 30% tax without the chance of offsetting losses, is just bad for the crypto market in general.
It will definitely change if some progressive politician becomes the FM. But looking at the rulling party, the chance is slim.