India has started to treat cryptocurrencies like real estate and gold like class assets

2021-12-5 13:31
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According to the News, Golden Financial reports that between 15 and 20 million Indians have invested $ 6 billion in cryptocurrencies. Interestingly, India is starting to see cryptocurrencies not as a digital currency that can be bought and sold, but as a type of real estate like real estate or gold. The purpose of the current discussion is to determine whether to approve cryptocurrencies as class assets, allow them to be used commercially and how to regulate or collect taxes, the Indian government is expected to announce new rules soon. .

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