Crypto Trading Volumes in India Collapse 10 Days After New Taxes: Crebaco

According to Anton Gulin, Regional Director, AAX Exchange, regardless the crypto taxation, this is a general short-term behavioural trend. “AAX Exchange has seen an outflow of active Indian users within the past weeks as well. However, I believe that the tax rate may be revised to attract more taxpayers, as this is the ultimate goal for any government,” Gulin said.