Income Tax 9 November 2026
Buterin Warns India Crypto Tax Risks Innovation
Ethereum co‑founder Vitalik Buterin cautions that India's new cryptocurrency tax regime may stifle blockchain development, discouraging startups and investors. He argues that high tax rates could push activity abroad, slowing the country's digital economy growth and undermining global competitiveness.
*Vitalik Buterin* says India's recent crypto tax could dampen blockchain innovation.
- New tax rules impose hefty rates on crypto transactions.
- Buterin warns startups may relocate to friendlier jurisdictions.
- Potential slowdown in India’s digital economy.
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