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RE: India considering 18% TAX RETROACTIVELY on Cryptocurrencies!
If the Govt. of India taxes the cryptocurrency trade than it's clear that it is not going to move against cryptocurrencies especially bitcoin i.e., wouldn't try to ban it.
Yes of course, taxing cryptocurrencies implies that it is not moving towards banning them, but that for me is already clear since the nationwide discomfort that the ban on cryptocurrencies by the Central Bank of India caused last time.
Taxing instead of outright banning is good, however taxing retroactively 1 year is not going to make people more happy than just banning.
that's correct but there's no ban but a just a warning for cryptocurrency investment is issued