Crypto trading volume in India continues to decline further as the government began taxing Crypto income at 30% without allowing any loss offsets or deductions. Wazirx suffered a 72% drop in trading volume, Coindcx 52%, and Zebpay 59%. In addition, MobiKwik reportedly withdrew its services across exchanges on April 1 amid unclear regulations. Mobikwik was one of the preferred payment methods to purchase Cryptocurrencies at exchanges.