
India has very strict regulations on cryptocurrency, such as 30% tax and 1% TDS. These rules will directly impact the future of Jio Coin. If this token successfully aligns with the crypto regulations of the Indian market, it can become a strong example of how an Indian company can adopt blockchain and Web3 in its ecosystem.
Jio Coin, Integration of Polygon Blockchain
Jio Coin is based on the Polygon blockchain, which is considered a strong platform for Web3 and blockchain technology. Jio’s partnership with Polygon Labs can be a big step to strengthen the Indian blockchain ecosystem.
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