Bybit to Impose 18% GST on Indian Users from July 7 🚨

🇮🇳🚨 Starting July 7, 2025, Bybit will apply an 18% Goods and Services Tax (GST) on all trading and service fees for Indian users, a move reflecting India’s tightening grip on foreign crypto platforms.

📈 This tax will be listed separately in transaction histories, increasing costs for millions of traders.

🌐 The decision aligns with India’s broader regulatory push, including prior bans on non-compliant exchanges, aiming to curb tax evasion and money laundering.

💡 Critics see this as a step toward greater oversight, potentially driving users to local platforms or offshore alternatives. Will this reshape India’s crypto landscape?

#Bybit #CryptoTax #IndiaCrypto