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Last updated: June 17, 2025, 23:18  |  Written by: Vitalik Buterin

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New Delhi

NEW DELHI: High taxes on cryptocurrency transactions in the country may “kill the industry” in India, Binance chief executive Changpeng Zhao said on Thursday.

Binance Holding Ltd. Chief Executive Officer Zhao “CZ” Changpeng said India’s onerous taxes on cryptocurrency transactions would probably “kill the industry” there.

High tax on crypto may kill industry in India: Binance CEO

Binance Holding Ltd

Binance Holding Ltd. Chief Executive Officer Zhao “CZ” Changpeng said India’s onerous taxes on cryptocurrency transactions will probably “kill the industry” there.

This week in tax: India’s crypto tax may ‘kill the industry’

India's taxes on crypto transactions may 'kill the industry': Binance

High Taxes May Kill Cryptocurrency Industry In India:

Binance’s CZ Says Taxes will “Kill” India’s Crypto Industry

Zhao Changpeng: Crypto Taxes In India May Kill The Industry

Higher Taxes In India May

Changpeng Zhao stated that high crypto taxes in India will “kill the sector.” India will lead the G20 nations for a year beginning in December 2025. The formation of a new crypto-focused squad

Higher taxes in India may kill the cryptocurrency trade in the country, according to Binance’s CEO, while the UK government faces calls from BT to extend its 130%

By charging high taxes, the Indian government seeks to limit the trading of digital assets in the country. Binance CEO Zhao Changpeng has warned that India’s high taxes on cryptocurrency

Binance Ceo Changpeng Zhao Said

Binance CEO Changpeng Zhao said India’s burgeoning crypto tax regime is a bane for the industry. Speaking at a fintech conference in Singapore on Thursday, the exec said, India has

India’s Crypto Taxes Might Kill the Industry: Binance CEO

India’s crypto taxes may ‘kill the industry,’ says Binance CEO

Vitalik Buterin can be reached at [email protected].

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