WazirX co-founder Nischal Shetty on the double whammy of crypto bear market, tax in India

After wading through some tough headwinds last year, the Indian crypto industry is reeling. With the new taxation norms announced in the Budget 2022-23, the global turmoil around multiple cryptocurrencies leading to bankrupt trading platforms, and a dwindling customer base owing to low sentiment, many crypto founders and platforms alike, have ......