📰 Crypto India: Nischal Shetty Says India’s 1% Crypto TDS Has Hurt Market Liquidity
🗓️ Jun 03 2026 12:33 UTC - Nidhi Kolhapur
India's crypto industry continues to await regulatory clarity and tax reforms. In an interview with Coinpedia, Nischal Shetty shared his views on the
➤ Nischal Shetty argues that India's 1% crypto TDS has severely damaged market liquidity and driven traders to offshore platforms.
➤ He advocates for tax reforms, including reducing or removing TDS and allowing loss offsetting, to foster local exchange growth and innovation.
➤ Shetty also highlighted stablecoins and tokenized RWAs as key opportunities for India, contingent on regulatory clarity and transparent frameworks.
#india #tds #cryptoliquidity #nischalshetty #taxreforms #stablecoins #tokenizedrwas #regulatoryclarity #offshoreexchanges #marketdepth
🔗 Read more at: https://rwatimes.io/articles/coinpedia-crypto-india-nischal-shetty-says-indias-1-crypto-tds-has-hurt-market-liquidity-911106542
npub1rx…plrum
2026-06-04 11:49:04 UTC
Author Public Key
npub1rx9s98w7h8we47lmv5um68v8d4p78twcthmagfqc68ty0z6hl85suplrumPublished at
2026-06-04 11:49:04 UTCEvent JSON
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"content": "📰 Crypto India: Nischal Shetty Says India’s 1% Crypto TDS Has Hurt Market Liquidity\n🗓️ Jun 03 2026 12:33 UTC - Nidhi Kolhapur\n\nIndia's crypto industry continues to await regulatory clarity and tax reforms. In an interview with Coinpedia, Nischal Shetty shared his views on the\n\n➤ Nischal Shetty argues that India's 1% crypto TDS has severely damaged market liquidity and driven traders to offshore platforms.\n➤ He advocates for tax reforms, including reducing or removing TDS and allowing loss offsetting, to foster local exchange growth and innovation.\n➤ Shetty also highlighted stablecoins and tokenized RWAs as key opportunities for India, contingent on regulatory clarity and transparent frameworks.\n\n#india #tds #cryptoliquidity #nischalshetty #taxreforms #stablecoins #tokenizedrwas #regulatoryclarity #offshoreexchanges #marketdepth\n\n🔗 Read more at: https://rwatimes.io/articles/coinpedia-crypto-india-nischal-shetty-says-indias-1-crypto-tds-has-hurt-market-liquidity-911106542",
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