📜🇮🇳 Indian Crypto Laws Are Still Confusing — But That’s Not Stopping Anyone

In 2022, India shocked the crypto world with a 30% flat tax on digital assets — plus 1% TDS on every trade.

It was the harshest move by any democracy. The goal? Control, tracking, and possibly discouraging crypto activity.

But here’s what happened instead:

Trading volumes dipped, but Indian devs kept building

Users moved to P2P, DEXs, and international platforms

India still ranks #1 in global crypto adoption by user volume

Even with no legal clarity — is crypto legal, banned, or just taxed? — Indian traders are adapting.

💡 The truth is, regulations can't stop innovation, only delay it.

Until India recognizes Web3 as an opportunity (not a threat), the space will remain user-led, underground, and unstoppable.

We don’t need approval to build the future.

#cryptoindia #cryptotax #bitcoin #BinanceSquare #Web3