India should consider revising its taxes on cryptocurrencies rather than relying on its anti-money laundering rules to reverse the impact of these high taxes, according to the latest survey of Indian investors by the Esya Centre, a New Delhi-based technology policy think tank. The study also found that Indian investors have a fair degree of knowledge of the relevant regulations for cryptocurrency taxation (58%) and money laundering (52%), and prefer stablecoins with collateral (93%) to algorithmic coins. The survey was conducted in five cities in March and April: 1,342 highly educated respondents were surveyed.