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Recently, Indian Finance minister Nirmala Sitharaman announced in Unionbudget 2022-23 that Indian government will put 30% tax (the highest tax slab inIndia) on income generated from cryptocurrencies. Big financial institutions,experts and academicians have different opinions in this regard. They claimthat it would be the end of cryptocurrency market in India or it would bepossible that RBI (Reserve Bank of India) may launch its own crypto or digitalcurrency. So in this context, in this article, the journey and future aspectsof cryptocurrency in India are discussed and we hope that it will be areference for further research and discussion in this area.

Journey of Cryptocurrency in India In View of Financial Budget 2022-23