#BitcoinPolicyShift #BitcoinPolicyShift: Is Bitcoin Heading for a Bull Run in India? ✍️

India’s stance on Bitcoin and cryptocurrency regulations has been shifting, but given the government’s strict policies and RBI’s conservative approach, a Bitcoin bull run in India seems unlikely for now. Let’s explore the latest policy changes and their potential impact.

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🇮🇳 Changing Crypto Policies in India

🔹 30% tax on crypto gains and 1% TDS remain unchanged in the 2025 budget.

🔹 The government is enhancing crypto transaction monitoring under Section 158B of the Income Tax Act.

🔹 RBI’s Stance: Governor Shaktikanta Das insists that crypto has no intrinsic value and could harm India’s financial stability.

🔹 India has cracked down on crypto exchanges, with Binance and others facing tax evasion investigations.

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🚀 Will Bitcoin See a Bull Run in India?

Despite a global bullish sentiment on Bitcoin, India's high taxation, regulatory uncertainty, and RBI’s cautious stance create major roadblocks for a strong Bitcoin rally in the country.

For now, India remains skeptical about crypto adoption, focusing instead on Central Bank Digital Currency (CBDC). Unless policies ease or align with global trends, a full-fledged Bitcoin bull run in India seems distant.

What do you think? Will India ever embrace Bitcoin? Drop your thoughts below! 👇 #BitcoinPolicyShift