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0 sats \ 0 replies \ @cryptocoin OP 5 Jan 2023 \ on: Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules bitcoin
As a current account deficit nation at an all-time high of $36.4 billion, India requires money to flow in as opposed to outflows to offshore exchanges that bypass banking channels. The latest findings might put pressure on authorities to clamp down on outflows through crypto that add to India's current account deficit.
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