India
Bharat.
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Thoughts on crypto policy for India - india should follow Japanese regulation framework which suggest to create a self governing body which reports directly to bodies like SEBI, and the body make sure to enforce regulation practices around crypto trading, investment and payments. - on tax part, government should apply 15% tax + 1% TDS on crypto payments, and they could enable crypto payments with UPI infra any day they want… more merchant adoption for crypto payments will boost digital India campaign to the next level. - on trading and investing side tax should be cut down to 15% .. if they push the crypto payment volume higher than trading volume on exchanges than government can collect more taxes any day they want.. it’s win win for both of the parties. - the self governing body should have representatives from all categories of crypto on board..it should include web3 founders and content creators too.
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