Effective July 1, the Indian government has started levying a 1% tax at the source (TDS) for trading cryptocurrencies. Just in the last five days, volumes at three major cryptocurrencies – ZebPay, WazirX, and CoinDCX – have plummeted to the tune of 60-87%. Thus, it is clear that crypto trading volumes at Indian exchanges have The post Indian Crypto Exchanges See Volumes Plummeting 80% Since July 1 Due to New Tax Rules appeared first on CoinGape.
