🛢️🔸The cryptocurrency industry in India is actively pressuring the government to reduce taxes to take advantage of the opportunity presented by greenhouse gas policies $BNB

#alrhybnywlk🔥🔥 On May 27, the Financial Times reported that the cryptocurrency industry in India is actively pressing the government to lower taxes in order to seize the opportunity of greenhouse gas policies. Since Trump supported cryptocurrencies, Modi's government has become more accepting of this industry, and the frequency of meetings between the two sides has increased significantly. India currently imposes high taxes and fees on cryptocurrency transactions, leading to over 90% of transactions flowing overseas. As political stances shift, international exchanges like Binance have returned to the Indian market, and market volume is expected to grow significantly. Despite no tax changes in the February budget, the Minister of State for Economic Affairs stated that the policy document will be re-drafted. The Reserve Bank of India has also softened its stance, and the new governor is awaiting political guidance from the government. The industry has called for a reduction in the transaction tax to 0.1% to balance regulation and market growth. Industry insiders expect it will take another two years for a comprehensive regulatory framework to take shape, and the Indian government may work on directing the repatriation of overseas transactions through tax adjustments.