View: High taxes for Crypto helped India dodge the bullet

Many a social media influencer was being paid heavily for peddling crypto in India and FOMO (fear of missing out) was created that India would lose its tech jewels to other countries because they were ostensibly more friendly to "Web3", "DeFi", "NFTs-based metaverse" - a suite of technologies that nobody has been able to define so far, much less tell us about its use cases.

from Economy-News-Economic Times https://ift.tt/pfk3iDO
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