India on the rise as a crypto superpower! 🇮🇳 According to @RichardTeng, Binance CEO, India's young, tech-savvy population and ongoing talks with regulators make it a prime candidate to dominate the crypto space! 🚀 #Crypto#India
India's crypto tax regime is stifling: 30% capital gains tax with no loss offset, 1% TDS on transactions, and 18% GST on trading fees. Now, taxing offshore exchanges without offering security or relief is driving Indian crypto startups to flee.