Trump White House Meeting Ignites Hopes for Crypto Growth Amid Indian Tax Burden

The US is taking steps to foster digital asset growth as Donald Trump's administration prepares to meet with crypto and prediction market executives.

The meeting, scheduled for August 19, highlights the government's growing interest in the blockchain industry.

This comes at a time when India still imposes a 30% tax on cryptocurrency gains and a 1% TDS (Tax Deducted at Source) on transactions.

The US's approach contrasts with India's restrictive stance, creating an environment where investors are burdened by unclear regulations.