Crypto trading volume drops in India as additional taxes hit investors – TechCrunch
India’s government on July 1 implemented a 1% tax deducted at the source (TDS) on every cryptocurrency trade over 10,000 Indian rupees, or about $127. The law has only been in place a few days, but there’s already been a chilling effect on Indian digital asset marketplaces. The levy is an addition to the 30%…