RBI against Crypto. But Why?

RBI vs Crypto

About RBI

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RBI vs Crypto

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The Governor take

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What does govt. say?

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Indian and Crypto

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What's the Future?

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Also Read:

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We're on You Tube

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RBI vs Crypto

RBI vs Crypto

About RBI

About RBI

The Reserve Bank of India is India's central bank responsible for regulation of Indian banking system

RBI vs Crypto

RBI vs Crypto

RBI has a negative stand on crypto adoption. In 2018, it had banned crypto trading which was overturned by supreme court in 2020

The Governor take

The Governor take

RBI Governor Mr Shaktikanta Das strongly opposed cryptocurrencies stating the adoption will result in financial instability

What does govt. say?

What does govt. say?

Indian govt. has already imposed 30% taxes on capital gains & 1% TDS per transaction. Still more clarity is required on the regulation front.

Indian and Crypto

Indian and Crypto

Indians have a record crypto holding in the world, accounting for 115 million wallets as per the report by KuCoin

What's the Future?

What's the Future?

It's all in the hands of the ruling party. Imposing taxes on crypto has made it legal but the law isn't friendly for trading. A tax relaxation is required

Also Read:

Also Read:

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3..Create your Meta

3..Create your Meta

We're on You Tube

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