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Home cryptocurrency exchanges have witnessed a pointy fall in volumes on the primary three days of April following the implementation of the brand new tax regime. The autumn in volumes is between 15 and 55 per cent amongst varied crypto exchanges.
Even the variety of guests on these exchanges has fallen. Sidharth Sogani, CEO, CREBACO International, a analysis and score agency targeted on the blockchain and crypto business, mentioned: “We noticed a drop in volumes by as much as 55 per cent in comparison with the volumes in March finish, and in addition a drop of over 40 per cent in area site visitors on Indian exchanges. This …
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First Printed: Mon, April 04 2022. 06:10 IST
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