India doesn’t “encourage or discourage” crypto, it “only taxes it,” Minister Piyush Goyal said, while unveiling a new RBI-backed digital currency project.
India News

India today is no stranger to the concept of Bitcoin (BTC) and cryptocurrency. Home to over 1 billion people, the South Asian country touts a population rivaling that of China. India, officially known as the Republic of India, is the second-largest country by population after China. The industry of cryptocurrency in India today still shows a country that is uncertain about the asset class.
In India, government bodies have discussed the country’s stance on cryptocurrencies for years. Although headlines have mentioned various possible cryptocurrency-related bans and regulatory moves — with people often asking, “Is Bitcoin legal in India?” — the country has yet to officially outlaw crypto on the whole. Companies focused on digital assets could not work with banks for a time, thanks to a 2018 ruling from the Reserve Bank of India, or RBI — the country’s central bank — but those restrictions were removed in 2020.
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What is India’s levy crypto tax, and how does it apply across various types of transactions, such as trading, selling or spending your crypto?
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India is reportedly delaying comprehensive crypto regulation as its central bank warns rules could legitimize digital assets and create systemic risks.
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The US climbed to second in Chainalysis’ 2025 Global Adoption Index rankings, with India taking out top spot and Pakistan, Vietnam and Brazil rounding out the top five.
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A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin.
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As Asia and the Middle East lead crypto adoption, success no longer comes from avoiding regulation, but mastering compliance to unlock true scale.
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Family offices across Asia are boosting digital asset exposure, driving new crypto funds, exchange activity, and shifting adoption beyond retail-led growth.
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WazirX has been trying to get a restructuring plan through the Singapore High Court to start returning funds to users impacted by the $234 million hack in 2024.
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Coinbase legal chief Paul Grewal met with Karnataka IT Minister Priyank Kharge to explore collaboration on developer tools, cybersecurity and blockchain in governance.
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CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop.
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Binance face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding.
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CoinDCX has denied a media report that it is in “advanced discussions” to be acquired by Coinbase for nearly $1 billion, reiterating it is “super focused” on building India’s crypto story.
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A $44-million breach at CoinDCX has rocked India’s CoinDCX exchange, exposing silent vulnerabilities, delayed disclosures and the fragile infrastructure.
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The Indian crypto exchange announced a recovery program of up to 25% for ethical hackers who can help recover the stolen stablecoins.
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Hashed Emergent’s Vishal Achanta told Coinpectra that COINS Act aims to turn India from a “regulatory minefield” into a destination of choice for the crypto community.
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