Trump's H1B visa fee sparks chaos in India, cryptocurrency analysts propose solutions
Source: CoinWorld
Time: 2025-09-21 03:02:17
U.S. President Donald Trump has signed an executive order to impose a $100,000 annual fee on H1B visas, which could force thousands of Indian IT professionals to return home and put pressure on the Indian economy. While existing visa holders are not affected, new applicants and renewers will face higher fees. Some cryptocurrency analysts believe that Web3 and telecommuting can mitigate the impact by enabling borderless collaboration, although there is still uncertainty in India's regulation on cryptocurrency.