India’s Rigid 30% Crypto Tax Policy Triggers Trading Volume Downtrend

Digital currency exchanges in India recorded significant dips in trading volumes in April so far The news comes after the country’s controversial tax policies went into effect on Friday, April 1 Crypto proponents have surmised that transaction volumes could remain low as long as the stifling tax rules remain According to on-chain data provider Crebaco, crypto exchanges in India have experienced a massive decline in traded volume since the start of April 2022. Crebaco’s analysts have opined that India’s recently […]