Official Reveals that Regulations for Crypto-currency in India are Coming in July.

Official Reveals that Regulations for Crypto-currency in India are Coming in July.
фото показано с : bitcoints.com

2018-6-26 05:23

According to a recent statement by a high-ranking official, the long-awaited regulations are on the way.
Indian authorities have been sending mixed signals about the future of cryptocurrencies, along with issuing warnings and applying restrictive administrative measures.
Since then, the Income Tax Department has issued notices to thousands of crypto investors accusing them of tax evasion.
A number of Indian crypto companies filed petitions against the restrictions that eventually reached the Supreme Court, which barred all other courts from accepting new petitions.
Do you think Indian authorities will eventually adopt looser regulations on cryptocurrencies and crypto transactions?

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official tax regulations applying restrictive administrative warnings

Источник: bitcoints.com

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