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Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
CoinDesk 2022-12-14 14:20:41

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened
Visits to Indian exchanges Wazir X, CoinDCX, CoinSwitch Kuber and ZebPay fell 80% between Feb. 1 – when Prime Minister Narendra Modi’s government said it will introduce a 30% tax on crypto profits and a 1% transaction tax – and Oct. 1.
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