Friday, 24 March, 2023

Crypto exchanges look at institutional investors, college students as volumes fall

<p>Crypto exchanges are trying to attract huge institutional investors and college students to discover blockchain opportunities. This is due to a significant drop in daily trading volumes following India&#39;s introduction of a tax on virtual digital assets. Many investors and dealers are avoiding crypto assets since gains will be taxed at 30% starting April 1. When compared to last year&#39;s trade volumes, all Indian exchanges have seen a drop of at least 50% in the last few days.</p>