Although investors still pay capital gains tax on crypto trading profits, more broadly, taxability depends on the crypto activities undertaken cryptocurrency exchanges to ljcense money.
After the entity has been properly registered, we will deliver the corporate documents, such as the Certificate of Incorporation, Memorandum, and Articles of Association, as well as other internal documentary evidence. The Indian union government and the apex bank that is Reserve Bank of India have yet not recognised cryptocurrencies hence it can be said that cryptocurrencies are not legal in India. The most popular jurisdictions to obtain license regarding exchange of cryptocurrencies, as of the mid , are the following:.
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