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India & Cryptocurrency: A Legal Tug-of-War in 2025

  • India's legal status of cryptocurrencies is complex and dynamic, with regulatory developments, taxation policies, and technological advancements.
  • Digital currencies like Bitcoin and Ethereum are not recognized as legal tender in India, but trading and investment are not illegal.
  • The Indian government has implemented taxation measures for cryptocurrency transactions, including a flat 30% tax on capital gains and 1% TDS for crypto deals over ₹10,000 annually.
  • The Indian cryptocurrency market faces regulatory uncertainty, challenges, and considerations, while investors and exchanges experience growth and interest in cryptocurrencies.

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