Why did WazirX token (WRX) jump 30% after India announced its big crypto tax?
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area. WazirX exchange’s native token, WRX, benefited the most from India’s latest U-turn on crypto this week.WRX’s price jumps on India tax newsWRX’s price surged nearly 30% to over $1, hitting a three-week high after the Indian government had announced a new tax regime for the regional crypto sector, reversing entirely from its earlier strict stance that even contemplated an outright ban on the emerging industry.$WRX - Up on news! https://t.co/Ln504eUZzm....
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