Golden Finance reported that the latest survey of Indian investors by the Esya Centre, a New Delhi technology policy think tank, showed that India should consider revising its taxation on cryptocurrencies rather than relying on its anti-money laundering rules to reverse the impact of these high taxes. The study also found that Indian investors have a considerable understanding of the relevant regulations on cryptocurrency taxation (58%) and money laundering (52%), and prefer collateralized stablecoins (93%) rather than algorithmic coins. The survey was conducted in five cities in March and April: The survey subjects were 1,342 highly educated respondents.