Binance Chief Says Indias Crypto Tax May Kill The Sector

Last updated: June 8, 2025, 21:42

Binance Chief Says Indias Crypto Tax May Kill The Sector

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.

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

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

Binance Holding Ltd

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

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

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

Binance Holding Ltd

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

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

Zhao Changpeng: Crypto Taxes In India May Kill The Industry

Changpeng Zhao stated that high

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

High Taxes May Kill Cryptocurrency Industry In India:

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

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%

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

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