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Wednesday, May 23, 2018

India to tax Cryptocurrency after Thailand.

https://cointelegraph.com/news/india-considers-taxing-cryptocurrency-at-18-as-intangible-property-reports

https://www.ccn.com/thailand-cryptocurrency-tax-rates/

India is taxing Crypto after Thailand because it sees that there will be a financial turmoil in the Crypto industry and the government may need to bail out the distressed investors.  Therefore, it is preparing a financial coffer to deal with this future Crypto fiasco by implementing an 18% Crypto trading tax.


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