Crypto Earnings to be Taxed – CEO, Nischal Shetty’s Opinions Featured on Inc42

By October 14, 2020No Comments

As speculations about an impending ban on cryptocurrencies refuse to die down, stakeholders in India are pulling out all stops to get the government on their side. Last month, Nischal Shetty, CEO, and founder of Mumbai-based crypto exchange WazirX told Inc42 that major Indian crypto exchanges were working together under the aegis of the Internet and Mobile Association of India (IAMAI) to come up with a self-regulation charter. 

“We don’t want to further the notion that because there is no law, so crypto exchanges in India have a free hand. We have a draft version ready for our code of conduct and are updating the guidelines in line with the technology changes that have happened in the last few years,” said Shetty.

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