Tag Archives: Reliance

Jio Coin, Regulatory Challenges and Opportunities

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 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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