Cryptocurrencies likely to be treated as commodities, may face taxation: Report
The government's draft cryptocurrency bill is likely to come up with a definition for virtual coins, determining how they will be regulated and taxed. Here is all you need to know.
The much-awaited cryptocurrency draft bill may propose to define cryptocurrencies and classify them based on usage. The move is likely to benefit Indian cryptocurrency investors who have been waiting for a concrete law to regulate virtual coin trading.
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