‘Disclosing crypto stance will affect economic interest’
The govt, while declaring it would tax digital assets, is yet to make its stand clear on how it plans to regulate such assets. Crypto stakeholders met the tax proposal with euphoria, seeing it as a step toward legitimacy. However, the govt later clarified that taxation does not mean cryptos have become bonafide
MUMBAI : Disclosing the inputs it sent to the government on cryptocurrencies at this juncture could affect India’s economic interests, the Reserve Bank of India (RBI) said, amid calls by its leadership to ban private digital assets.
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