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Bybit Unveils 18% GST for Indian Crypto Users Amid Policy Changes

2025-07-05 22:11:57

Bybit Unveils 18% GST for Indian Crypto Users Amid Policy Changes

Main Idea

The content appears to be a mix of cookie consent information and promotional material for a cryptocurrency called Floppypepe ($FPPE), described as an AI meme token.

Key Points

1. The text includes a standard cookie consent notice for website functionality, personalized ads, and traffic analysis.

2. Floppypepe ($FPPE) is promoted as an AI meme token with the tagline 'your ticket to the moon'.

3. The promotion encourages users to 'secure your spot now before it's too late', suggesting urgency in purchasing the token.

Description

Bybit, a popular cryptocurrency exchange, has announced that it will start charging an 18% Goods and Services Tax (GST) for Indian users from July 7, 2025. This move is part of the platform’s effort to comply with India’s evolving tax regulations. However, it comes at a time when Indian investors are already burdened by strict tax rules . Bybit’s New GST Rule Affects a Wide Range of Crypto Trading The new GST rule will apply to all asset transfers between users and merchants on the trading platf...

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