๐ India, it's time to rethink those crypto taxes! According to a recent survey by the Esya Centre, high taxes are pushing savvy investors away from crypto and towards equity investments. ๐ค
Despite anti-money laundering laws, the impact of high taxes remains unaddressed. The study found that 93% of investors prefer collateralized stablecoins over algorithmic ones. ๐
With 58% aware of crypto tax regulations, it's clear: lower taxes could boost crypto investments by 10%! ๐น
Let's chat! Do you think India should cut crypto taxes? Drop your thoughts below! ๐ #DeFi #Web3 #CryptoTax