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India’s top crypto app CoinSwitch calls for regulatory ‘peace, certainty’

India’s top crypto app CoinSwitch calls for regulatory ‘peace, certainty’

India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on May 22. Although India’s central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted by the industry as a sign of acceptance by New Delhi.








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