#CryptoRegulation Cryptocurrency regulations are becoming increasingly important as digital assets gain popularity. Different countries have adopted varying approaches. Some, like El Salvador, have legalized it as a currency, while others have banned it entirely. In India, cryptocurrency is not illegal, but it is not recognized as legal tender either. The Indian government introduced a 30% tax on crypto income in the 2022-23 budget, indicating it treats crypto as an asset rather than currency. Additionally, a 1% TDS on crypto transactions was also implemented. The Reserve Bank of India (RBI) has launched a Central Bank Digital Currency (CBDC), which is blockchain-based. Regulations aim to prevent fraud, money laundering, and illegal transactions, while also building investor confidence and ensuring the stability of the crypto sector.