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India is #1 in crypto adoption, so why did 90% of volume leave the country? #Bitcoin #CryptoWala

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2 hours ago

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India is the #1 crypto adopting nation in the world for 3 years straight, 12 crore users, yet 80-90% of trading volume has moved offshore. The reason: 30% flat tax, zero loss set-off, 1% TDS on every trade. Result: traders pushed into futures and memecoins, tier 2-3 cities hit hardest. Watch till the end.

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