Budget 2023: Industry wants govt to classify crypto as asset, lower tax rates
The crypto industry expects in the upcoming Union Budget 2023, the Centre will fast-track implementation of the regulatory framework for crypto exchanges.
The crypto industry expects in the upcoming Union Budget 2023, the Centre will fast-track implementation of the regulatory framework for crypto exchanges.
The new consensus mechanism adopted by the crypto is yet to be fully tested for resilience and hidden vulnerabilities.
Industry experts are optimistic that there will not be a blanket ban and the speculation around the term ‘private cryptocurrencies’ will be put to rest once the fine print of the bill is out.