After the introduction of a 30% tax on Cryptocurrencies and other digital assets was introduced in India, the government comes closer to legalization and regulation.
People were quick to react to the news, sparking a petition against the major tax increase, “Government of India: Introduce Reasonable Crypto Tax Policies”.
With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.
