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Bookmarking Crypto InsightsThu, 15 Sep 2022 03:30:33 +0000en-US
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3232Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
https://www.digit.info/binance-sees-record-increase-in-indian-users-after-government-starts-imposing-new-crypto-tax/
Thu, 15 Sep 2022 03:30:33 +0000https://www.digit.info/2022/09/15/binance-sees-record-increase-in-indian-users-after-government-starts-imposing-new-crypto-tax/Read more]]>The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups […]
]]>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 […]