📌Query
🇮🇳What is the current legal status of cryptocurrency in India as of 2025?
Is cryptocurrency recognized as legal tender in India in 2025?
India crypto legality 2025
Response:
As of 2025, cryptocurrency is egal to buy, sell, and hold in India, but it is not recognized as legal tender for payments. It's classified as a Virtual Digital Asset (VDA) and subject to a 30% tax on profits and a 1% TDS on transactions. Regulations are still evolving, focusing on compliance and anti-money laundering.#INDIANstock
