Is the crypto growth is stopped because of

U.S tax on india.

New U.S. broker reporting rules increase transparency in crypto transactions.

Stablecoin regulations add stricter oversight and auditing requirements.

Global data‑sharing agreements (like OECD’s CARF) enable cross‑border tax enforcement.

These rules don’t directly tax Indian residents, but still impact them indirectly.

India’s high crypto taxes (30% gains tax + 1% TDS) make compliance even tougher.

U.S. changes can affect Indian traders through:

Stricter international reporting

Increased market volatility and global price shifts.