Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Trump Imposes 25% Tariffs on Japan, South Korea

    CoreWeave Acquires Bitcoin Miner Core Scientific in $9B Deal

    Murano Global to Acquire $500M in Bitcoin Reserves

    Strategy Halts Bitcoin Purchase, MSTR Stock Declines

    Peter Thiel’s Mixed Stance on Bitcoin’s Future Despite Holdings

    Peter Thiel Advocates Bitcoin’s Systemic Importance

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    SEC Urges Amendment in Spot Solana ETF Filings

    Solana ETF Launch Delayed Due to SEC Framework Review

    US Government Moves Ethereum to Coinbase Prime Wallet

    Polygon Reaches $100B Milestone on Uniswap

    TON Foundation’s UAE Golden Visa Claim Denied

    Crypto Analyst Predicts Major Fartcoin Price Surge

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Bybit Implements 18% GST on Indian Crypto Trading

Solomon M. by Solomon M.
July 6, 2025
in Latest News
Key Points:
  • Bybit’s GST move impacts Indian crypto users significantly.
  • Fee applies to spot, futures, and copy trading.
  • Possible reduction in centralized exchange activities in India.
bybit-implements-18-gst-on-indian-crypto-trading
Bybit Implements 18% GST on Indian Crypto Trading

Bybit has announced the application of an 18% Goods and Services Tax (GST) on all cryptocurrency trading fees for its Indian users, effective immediately.

The introduction of Bybit’s GST reflects India’s evolving tax policies, which may further shift users to decentralized exchanges as a cost-effective alternative.

The 18% GST affects all crypto trading fees on Bybit, impacting spot, futures, and copy trading. The Indian government’s stringent tax policies now position it among the jurisdictions with the heaviest crypto tax burdens.

Ben Zhou, CEO of Bybit, “We are committed to complying with the GST regulations in India, impacting over 310,000 active Indian users.” – Bybit Announcement

The immediate impact involves a possible reduction in trading volumes on Bybit as traders may seek alternate low-tax platforms. Increasing regulatory measures may push users towards decentralized financial services and less-taxed platforms like decentralized exchanges (DEXs).

Financial implications could lead to reduced market activity for centralized platforms, stimulating a shift towards decentralized solutions. On-chain data might reveal decreased Total Value Locked (TVL) in centralized exchanges. Historical parallels can be drawn from previous Indian tax hikes.

Potential outcomes include technological shifts towards anonymity-focused solutions. The increased financial burden could stifle innovation, but could also catalyze growth in decentralized finance (DeFi) systems. Regulatory trends suggest continued scrutiny from Indian authorities.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Next Big Crypto: Qubetics Surges with 41,900% ROI as Solana and Ethereum Hold Key Levels

Next Post

Bybit Imposes 18% GST on Indian Crypto Trades

Solomon M.

Solomon M.

Related Posts

US Treasury Drops Appeal on Tornado Cash Sanctions Case

by Solomon M.
July 7, 2025

The US Treasury removes sanctions on Tornado Cash after appellate ruling, impacting Ethereum wallet addresses.

Ripple CEO to Testify at Senate Hearing on Crypto Legislation

by Solomon M.
July 7, 2025

Ripple's CEO will testify at the U.S. Senate hearing on July 9, 2025, for crypto legislation clarity.

Jack Dorsey Announces Bitcoin-inspired Messaging App Bitchat

by Solomon M.
July 7, 2025

Jack Dorsey launches Bitchat, inspired by Bitcoin, avoiding blockchain, using BLE networks.

Bitcoin and Crypto Markets Brace for Impact Amid EU-U.S. Trade Negotiations

by Solomon M.
July 7, 2025

As EU-U.S. trade talks progress, the crypto market remains vigilant. With a key deadline nearing, potential impacts on cryptocurrencies are...

Bitcoin Surges Amidst EU-US Trade Negotiation Progress

by Solomon M.
July 7, 2025

Bitcoin experiences a surge as EU and US report progress in trade talks, potentially avoiding tariff hikes and impacting global...

UK Funds Carbon Capture with £28.6 Million Investment

by Joshua T.
July 7, 2025

UK's National Wealth Fund invests £28.6M in carbon capture, benefiting industry and job creation.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.