Days earlier than the 30% tax got here into impact, Nischal Shetty, CEO and founding father of WazirX, considered one of India’s largest exchanges, stated what folks will do now “is use methods to not be a part of the [domestic] system as a result of persons are not going to depart crypto.” The Esya Centre report discovered that “an estimated 17 lakh customers switched” from home crypto exchanges to overseas counterparts.
