Friday, November 22
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India Weighs 18% Tax on Bitcoin After Legalization of Cryptocurrencies

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India Weighs 18% Tax on Bitcoin After Legalization of Cryptocurrencies

The government of India is considering an 18% tax on all bitcoin transactions, according to a new report from the Times of India. It’s not clear whether the proposed goods and services tax (GST) would apply to other cryptocurrencies like ether, the second largest after bitcoin.

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