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India's Crypto Tax Hinders Growth as Vietnam Thrives

9/29/2025

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Story summary
  • Pushpendra Singh says India's 1% Tax Deduction at Source (TDS) and 30% crypto tax hinder growth, unlike Dubai and Singapore's minimal taxes.
  • Vietnam's crypto market tops US$220 billion, third in Asia-Pacific, with 55% growth (July 2024–June 2025). Resolution 05/2025 enables a market trial.
  • Southeast Asia is becoming a blockchain hub, driven by regulatory clarity and a tech-savvy population.