Thursday, 5 March, 2026
Crypto exchanges look at institutional investors, college students as volumes fall
By Basit Ansari
<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'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's trade volumes, all Indian exchanges have seen a drop of at least 50% in the last few days.</p>
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