A new survey of India investors by the Esya Centre, a technology policy think tank in New Delhi
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Aug 2
shows that India should consider revising its taxes on cryptocurrencies rather than relying on its anti-money laundering rules to reverse the impact of these high taxes, and the study also found that India investors have a fair degree of understanding of the regulations related to crypto taxation (58%) and money laundering (52%) and prefer collateralized stablecoins (93%) over algorithmic coins. The survey was conducted in March and April in five cities: 1,342 respondents with higher educatio...

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