Taxation may be considered a necessary and inevitable part of governance. At the same time, when taxes are unusually high, it’s difficult for relatively new technologies to thrive and for financial sectors to grow. India’s tax-burdened cryptocurrency community is a textbook example of this.

Indeed, India’s regulatory regime of the past few years should, at least in theory, have made it impossible for the crypto adoption to take hold. Yet, the evidence shows that the decentralized digital asset cannot and will not be stopped, with India providing proof positive that a tech-propelled grassroots movement can overcome even the harshest tax rules. Binance CMO Rachel Conlan spoke at The Binance Super Meetup Conference in Delhi about India’s thriving crypto community, “Our super meetup in Delhi reflects Binance’s strong commitment to India and its vibrant crypto community. India is a global leader in crypto adoption, showing huge potential in blockchain technology and digital assets. The energy and innovation from the Indian crypto community are inspiring, and we’re excited to connect directly to gain insights and work together. This event is all about building a shared vision for the future of crypto in India, fueled by collaboration and a shared drive for growth.”