・9 min read・Crypto
Guide to India Cryptocurrency and Bitcoin Taxes (AY 2023-24 Edition)
What is Cryptocurrency?
Cryptocurrency is a form of digital money.
Cryptocurrency is similar to cash, such as Indian Rupees (Rs) or US Dollars ($),
but exclusively digital so there are no physical bills or coins. The first
mainstream cryptocurrency, bitcoin, was created by a pseudonymous person called
Satoshi Nakamoto in 2008. Since then, thousands of cryptocurrencies have emerged
like Ether [https://www.cointracker.io/price/ethereum], Solana
[https://www.cointracker.io/price/solana], and more
Shehan Chandrasekera, CPA