According to *Moneycontrol*, tax arbitrage has become the main driving force behind trading in India’s cryptocurrency market, with crypto futures now accounting for 80% of the country’s total trading volume. Industry observers point out that while crypto derivatives dominate the market, India’s crypto market still lacks the regulatory mechanisms found in traditional stock markets to protect investors. Data shows that most retail investors participating in India’s crypto derivatives trading are in a loss-making position. Meanwhile, this type of high-risk trading largely operates in a regulatory gray area, lacking necessary safety measures and compliance oversight. https://(wublock123.com)/news/tax-arbitrage-drives-india-crypto-futures-share-to-80-64651