🇮🇳 India Set to Release Crypto Policy Paper in June 2025

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📰 Body:

India is preparing to publish a discussion paper on cryptocurrency regulation this June—drafted with inputs from the IMF and FSB, and poised to invite public feedback .

Why this matters:

1. 📋 Global alignment – The paper draws from international standards, signaling India’s intention to sync with global crypto norms .

2. 🏛️ Supreme Court pressure – Judiciary has pressed the government to act, citing risks under the current “ban or tax only” policy .

3. 💼 Industry optimism – CoinDCX co-founder Sumit Gupta calls this “a chance to shape policy, not just follow it” .

4. ⚖️ RBI remains cautious – Despite this push, the central bank continues warning about financial stability risks .

5. 💰 Tax and compliance in flux – While a 30% tax and 1% TDS remain, voices in the industry are now calling for structural reform .

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🎯 Why Followers Should Care:

First chance to influence India’s crypto laws via public comments

Marching toward more clarity—could help projects, stakers and traders plan ahead

Whether you're for tax relief, legal status or regulations—this is your seat at the table

👉 Quick take:

This paper is India's first major step toward a balanced regulatory approach—not a ban, not a free-for-all. It could mean safer markets and mainstream adoption.

#CryptoUpdate #IndiaCrypto #WriteToEarn