Nirmala Sitharaman remained silent on requests to lower taxes as she presented the Budget 2024-25 on February 1, while India's Web3 industry hopes the new gov't will address their concerns by July.
India's budget will be presented on February 1, and the Web3 industry hopes for better regulations for virtual digital assets and dedicated funds from the government for indigenous blockchain projects.
Indian digital currency exchange Coinswitch is diversifying its financial products in an attempt to remain afloat, a move initiated following the termination of 8% of its workforce.
The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed deposits.
