Warnings from Indian crypto exchanges that a controversial new transaction tax would erode trading are coming true, with volumes evaporating since the levy took effect.
Those steep declines came from already depressed trading levels, as a combination of plunging prices, unfavourable tax treatment and difficulty getting cash onto exchanges combined to depress the once-hot market.
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Source: dailymaverick - 🏆 3. / 84 Read more »
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Source: dailymaverick - 🏆 3. / 84 Read more »
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