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🚨 India may rewrite its entire crypto rulebook soon and this could change lot of things
100M+ Indians use crypto but we still don’t have a proper VDA law
Just 30% tax, 1% TDS, and basic AML rules
Now a full framework review is coming
What the review is expected to fix 👇
1️⃣ Protection of user funds
Clear rules on how exchanges must hold and secure assets
2️⃣ What happens if an exchange collapses
A proper process so users don’t get rugged
3️⃣ Stablecoin & RWA rules
INR stablecoins, tokenized assets, clear permissions
4️⃣ Licensing for all VDA platforms
Only compliant exchanges will be allowed to operate in India
Right now, high taxes pushed millions of users to offshore platforms
A proper framework can bring them back and make the ecosystem legit
#IndiaCrypto #CryptoNews #Web3 #Bitcoin #CryptoRegulation