🇮🇳 India’s 30% Crypto Tax Anniversary!

Two years ago today, India imposed a 30% crypto tax on transactions, plus TDS deductions! 😱 The move aimed to regulate digital assets—but has it boosted or crushed India’s crypto scene? 🤔

🔹 Massive drop in trading volumes

🔹 Crypto startups struggling under tax laws

🔹 Investors forced to shift to P2P & offshore platforms

With $BTC and $ETH adoption rising worldwide, will India revise its tax policies, or will investors continue seeking alternatives? 🏦

BTCUSDT

Perp

63,300.4

+0.49%

ETHUSDT

Perp

1,699.72

+1.15%

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#crypto #bitcoin #India #Regulation