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India’s tax plan seen as signs of country legalising cryptocurrencies | Video

04:15 Min

Cryptocurrencies including Bitcoin have gained popularity among casual investors in India, even as the central bank continues to warn of the risks of such speculative investments. Some observers believe the government is starting to show some signs of accepting the digital assets, with plans to tax profits on them at 30 per cent from Friday (Apr 1). Rebecca Bundhun reports.

Cryptocurrencies including Bitcoin have gained popularity among casual investors in India, even as the central bank continues to warn of the risks of such speculative investments. Some observers believe the government is starting to show some signs of accepting the digital assets, with plans to tax profits on them at 30 per cent from Friday (Apr 1). Rebecca Bundhun reports.

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