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3232Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon
https://www.digit.info/indian-crypto-market-suffers-significantly-experts-say-trading-volumes-unlikely-to-recover-anytime-soon/
Tue, 27 Dec 2022 04:00:09 +0000https://www.digit.info/2022/12/27/indian-crypto-market-suffers-significantly-experts-say-trading-volumes-unlikely-to-recover-anytime-soon/Read more]]>Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in the upcoming Union Budget. Indian Crypto Market ‘Dead’ Since April, Says Expert Cryptocurrency trading volumes […]
]]>Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
https://www.digit.info/largest-southeast-asian-bank-dbs-sees-crypto-trading-volumes-soar-as-investors-bought-the-dip/
Thu, 25 Aug 2022 00:00:20 +0000https://www.digit.info/2022/08/25/largest-southeast-asian-bank-dbs-sees-crypto-trading-volumes-soar-as-investors-bought-the-dip/Read more]]>DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto Customers Bought the Dip DBS, […]
]]>Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect
https://www.digit.info/indian-crypto-trading-volumes-plummet-after-new-tds-tax-rule-takes-effect/
Tue, 05 Jul 2022 14:00:05 +0000https://www.digit.info/2022/07/05/indian-crypto-trading-volumes-plummet-after-new-tds-tax-rule-takes-effect/Read more]]>Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading volumes across crypto exchanges in India have fallen sharply after […]