Finally someone is speaking for the youth of India. Up until now we have just been seeing illiterate politicians speaking shit but the tables are turning now.
Raghav Chadha has heard what the youth of India wants and took it to discussion in the parliament. Below are few points which he mentioned in the Parliament.
Legalize VDAs as an asset class.
4.8 lakh crores worth of trades has moved offshore.
73% of India's crypto volume has moved to offshore.
180 digital startups related to Crypto have moved their business offshore.
We tax Crypto as if it is legal but regulate it as if it were illegal.
He suggests to bring in compliance and regulation in India for crypto trading along with strong AML policies.
Doing this will bring around 15k crores to 30k crores worth tax in India.
Seems like Raghav Chadha is supporting crypto just how Michael Saylor supports bitcoin.
Source:
https://x.com/jugaad_crypto/status/2021067079466770935