Binance CEO: We Don't See a Viable Business in India – Exchanges Bitcoin News

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Binance's CEO says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime on crypto. bitcoin CZ

Binance CEO Changpeng Zhao says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries where regulations are pro-crypto and pro-business.”The CEO of cryptocurrency exchange Binance, Changpeng Zhao , does not currently see India as a viable country to expand his crypto exchange operations.

“We just have to wait. We are in conversation with a number of industry associations and influential people and trying to put some logic there,” CZ continued.

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Indeed IN not viable for criminals

What country is? Indonesia?

right👍

PMOIndia JPN_PMO PakPMO POTUS RishiSunak nsitharaman nitin_gadkari nsitharamanoffc TelanganaCMO delhicm VitalikButerin Cristiano binance cz_binance SrBachchan anmol_ambani Google sundarpichai

Cz the market crasher

narendramodi nsitharaman AmitShah

FUD = BUY

It's sad but yes it's truth 🙁

True

unfi coin is preparing for a big shit

What about Ontario Canada Binance got removed for here? Why? Bug regulations in Ontario forbsure.. thats good

Olha so que fala um manipulador de mercado desse

The way Bitcoin moving South looks Binance may vent like FTX. So forget rest participation.

Take your money off exchanges.

Because of the smell...🤧 No need to sugar coat it. 😂😂😂

must check

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For Development perspective, India is a leading market in the Blockchain ecosystem.

Advocatevora modi is a clown dude

He crashed the market to crash it's rival.

Binance is just an exchange, not a country to decide what a country needs. By the way don't underestimate cz, why did he not help luna or ftx when he knew they were going bankrupt

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UPDATE:

What about Canada?

we have many users from India. I think it could be a big crypto market in the verse close future. Look at Nigeria, over 50% of its general population uses crypto

must check

hooly!

listing NxtCommunity in market binance plase

India is not a nation optimal for programmers then.

nsitharaman nsitharamanoffc Mam Thats Not Good For Our Economy Please Help This Industry

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hooly!

cz_binance are you scared of coming to india

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narendramodi nsitharaman is this because of the lack of intellectual people ruling the government? Who can't foresee the vision of block chain that is going to rule future of Digital world ?

Because they won’t allow him to operate his shady business there. LCX $LCX will thrive instead.

💪 kochikenbsc kochikenbsc

Ofcourse government ls will try to stop crypto it threatens their currencies. Its ironic threaten the statis quo and things improve they will stop it. Its easier to controll impovrished uneducated masses. Hence the attacks on education and crypto.

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hooly!

Personally saying you made a good decision India already have many exchanges. So i don’t think they will even grow here CoinDCX CoinDCX Binance

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Thankss a millon

hooly!

Brilliant! I have recently started using ChiefraFba for signals

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