Crypto exchanges hunker down as everything goes wrong in India | Economic Times

Crypto exchanges hunker down as everything goes wrong in India https://ifttt.com/images/no_image_card.png​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.