For the same reason, I have stopped taking money out of crypto. Never taken a single penny for ages. In India, we not only have 30% tax but also 1% TDS (another tax) on every damn transaction. It sucks. Last year when they decided to do this, the exchange volumes plunged by 90% within a day.

And in the subsequent weeks, several exchanges were shut down or moved their business out of India.

Our countries are not crypto-friendly yet we & other developing countries are huge contributors to the crypto talent pool worldwide.