By Admin88 
BlockBeats News, on August 2, according to CoinDesk reports, a survey conducted by Indian investors by ESYA Center of New Delhi Science and Technology Policy Think Tank showed that India should consider modifying cryptocurrency taxes instead of relying on anti -money laundering rules to reverse the impact of these high taxes.Essence1342 interviewees who have received higher education have received questionnaires and involved five cities.The results showed that Indian investors had a high understanding of cryptocurrency tax (58%) and anti -money laundering (52%) related regulations, and preferred mortgage stablecoin (93%) instead of algorithm -type stablecoin.The report states that India’s anti -money laundering regulations have led investors to shift funds from cryptocurrencies to stock investment, a decrease of 8%.At the same time, the understanding of tax regulations not only increases the investment of crypto assets (10%), but also increases investment through overseas platforms (15%).However, this trend has reversed after the ban on many overseas trading platforms in India.The report believes that India’s anti -money laundering regulations cannot completely offset the impact of tax policies.Therefore, the think tank once again suggested that the government should consider changing the taxation rules of encrypted assets to prevent capital outflow.At the same time, the government tries to guide consumers to take responsibility to participate in the efforts of the encrypted asset market, and should negotiate with the encrypted trading platform.Simla Investment
Kolkata Investment