Bitcoin News Today: India’s Crypto Market Grows 30% Despite 30% Tax On Profits
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最新报道：India's cryptocurrency market has grown by 30% in the past year despite the government's 30% tax on crypto profits, according to recent industry reports. The surge in adoption comes as more investors and businesses explore digital assets despite regulatory uncertainty. Local exchanges report increased trading volumes, particularly in Bitcoin and Ethereum, as users seek alternatives amid inflation and currency volatility. The tax policy, implemented in 2022, initially caused trading activity to drop but has since stabilized as participants adjust to the framework. Analysts note the growth reflects India's tech-savvy population and the sector's resilience to regulatory challenges.
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