Regulation· ★★★· neutral·

WazirX: crypto taxes affect India's market more than regulation

  • —The 30% crypto profit tax and 1% TDS have already changed Indian traders' behavior
  • —On September 9, FIU-IND issued notices to 15 crypto companies for AML violations
  • —India ranked 1st in Chainalysis's Global Crypto Adoption Index 2025
Why it matters: Tax pressure and AML scrutiny could accelerate the outflow of Indian users to foreign exchanges, reducing volumes on local platforms.
Source: Coin Edition
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