Most insiders in the crypto industry in India welcomed the Budget 2022 ruling which taxes crypto profits at 30%. How does this impact centralized exchanges like Wazir X?
In this interview, Nischal Shetty, CEO at Wazir X, one of the largest centralized exchanges in India for cryptocurrencies speaks to MoneyControl’s consulting editor, Rahul Jagtiani on the 30% ruling and the areas that need further clarification from the government.
Nischal also talks about Shardeum, a new, infinitely scalable Layer 1 blockchain project he is proposing to build in an open-source manner, and his vision for the future.
Watch the interview.
#wazirX, #crypto #shardeum #Budget2022
https://www.moneycontrol.com/news/business/cryptocurrency/crypto-101-how-did-budget-2022-impact-centralised-exchanges-8091271.html
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