Budget 2022: What cryptocurrency sector wants from FM Sitharaman-February 2024-www.financetom.com

Budget 2022: What cryptocurrency sector wants from FM Sitharaman

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Budget 2022: What cryptocurrency sector wants from FM Sitharaman

Jan 20, 2022 6:03 AM

Finance minister Nirmala Sitharaman is all set to present the union budget on February 1.

The cryptocurrency sector in India is hoping for complete clarity on crypto classification and taxation in India.

Industry sources have told CNBC-TV18, that cryptos should be treated as an asset class and they do not expect it to be a legal tender.

Also Read: Budget 2022: Cryptocurrency sector seeks clarity on crypto classification, taxation in India

To know what the crypto industry wants from union budget 2022, CNBC-TV18 spoke to Sumit Gupta, CEO of CoinDCX.

Watch video for more.

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