Indian investors have discovered that their income from BTC sale can be taxed from 20% to 30%.
Earlier this month, the country's central bank published a third warning. The document tells about digital currencies, in particular, bitcoins. December the 5th, RBI noticed that crypto-currencies create potential risks of "financial, operational and legal protection of customers and their security."
The owners of bitcoin in India began to rapidly sell their coins, because of the warning RBI.