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India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification

Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification

Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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