Crypto Trading Volumes in India Take a Hit Following TDS Rule Enforcement

By July 3, the trade volumes on BitBNS and CoinDCX crypto exchanges dropped by 37.4 percent and 90.9 percent respectively. Other Indian exchanges such as WazirX and Zebpay witnessed dips in trading activities soon after the one percent TDS on each crypto transaction went into execution on July 1. The outcry over these laws from investors have taken Twitter by storm in...

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