Welcome to the world of facts and news: Crypto exchanges hunker down as everything goes wrong in India

Crypto exchanges hunker down as everything goes wrong in India

​That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out what little trading is left. WazirX’s daily volume has slumped about 95% since October, data from CoinGecko shows.

from Tech-Economic Times https://ift.tt/iPbxjnJ

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