India’s Crypto Crossroads: Cautious Today, Potential Tomorrow?”
Crypto isn’t illegal in India—but a 30% profit tax, 1% TDS, and required FIU registration make the landscape tough. Exchanges like Binance and Coinbase have re-entered, but retail volumes have fled offshore. Meanwhile, the RBI debates crypto’s stability risks while piloting the Digital Rupee. Everything hinges on the upcoming policy discussion—will India embrace digital assets or retreat behind CBDCs and capital controls?
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