Business Maverick: Trading dries up on India crypto exchanges as new tax kicks in

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 84%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Ttrading levels are already depressed, as a combination of plunging prices, unfavourable tax treatment and difficulty getting cash onto exchanges combined to depress the once-hot market.

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.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Business Maverick: Bruised Emerging Markets Are Battle-Ready for a US RecessionEmerging markets are well positioned to stare down a US recession and may even be able to lure investors their way.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: South Africa Seeks Legal Advice on $24 Billion Eskom Debt BurdenSouth Africa’s National Treasury is seeking to hire a legal firm to advise it on how to reorganize the 396 billion rand ($24 billion) debt burden held by national power utility Eskom Holdings SOC Ltd., people familiar with the situation said. Are they about to invite the Guptas back... 🤔🤔 Should rather hire forensics team, see just how much of that almost R400bn was part of inflated coal, diesel and other irregularities, and just shave that right off Moving Chairs on the Titanic, in the end the avg taxpayer will pay. Either through Tariffs and/or through VAT or and/or PIT. Even if you are completely off the grid you will pay. The morons (that includes the Treasury) that brought you here, will get you out of this malaise?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: Biden May Roll Back Chinese Tariffs This Week, Dow Jones SaysUS President Joe Biden could announce his decision to roll back some tariffs on Chinese imports as soon as this week, Dow Jones reports, a move that might lessen domestic inflation but could also reduce pressure on Beijing. US is so fickle.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »