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Binance CEO Changpeng Zhao says India isn’t a crypto market.

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By lapaasindia
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  • Changpeng Zhao, CEO of Binance, stated that India is not a country that is extremely supportive of cryptocurrencies.
  • At a TechCrunch event, Zhao stated that the high cryptocurrency taxes in India are concerning since they make the market unviable for foreign rivals.
  • There won’t be that many transactions if you impose a 1% tax on each one, he asserted.

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