- Introduction
- Regulatory Innovation in India’s Crypto Landscape
- Taxation and Reporting—What’s New for Indian Crypto Users
- Practical Implications for Users and Businesses
- Conclusion
Introduction
India’s evolving stance on cryptocurrency regulation has become a source of global interest. With the emergence of the COINS Act model law, the release of discussion papers, and updates in tax and compliance frameworks, the country is navigating a delicate path between innovation and oversight.
This article explores India’s latest developments in crypto regulation with an informative, friendly tone—slightly formal as if explaining to a respected colleague—offering practical examples and clear explanations of new processes and tools, including references to Non custodial crypto wallet and tron wallet, and touching upon crypto news India, is crypto legal in India, and a push the coin app review.
Regulatory Innovation in India’s Crypto Landscape
The COINS Act—A Blueprint for Clarification
In mid-2025, a non-binding model law called the COINS Act was introduced by policy advisory groups Hashed Emergent and Black Dot. This framework aims to transform India from a “regulatory minefield” into a more predictable destination for digital-asset innovation. It proposes a new regulatory agency—Crypto Assets Regulatory Authority (CARA)—and envisions protections for digital rights such as self-custody, financial privacy, and protocol access. For instance, the law suggests establishing a sovereign strategic Bitcoin reserve populated through confiscated assets and modest market purchases—an innovative step not seen in many jurisdictions.
Balancing Global Alignment and Indian Realities
India has yet to finalize comprehensive legislation. However, sources indicate that a formal discussion paper may be released soon for public input. This is expected to draw upon international frameworks like the IMF and FSB synthesis documents. Meanwhile, expert voices urge India to take an active leadership role in shaping global crypto standards, emphasizing timely, principles-based regulation to retain innovation and capital domestically.
Taxation and Reporting—What’s New for Indian Crypto Users
From Flat Rates to a Slab-Based Approach
Previously, crypto gains were taxed at a flat 30%, accompanied by 1% TDS on all digital transactions. As of 2025, some sources suggest a more graduated, slab-based taxation system:
- Gains under ₹3 lakhs: 10%
- ₹3–10 lakhs: 20%
- Above ₹10 lakhs: 30%
Additionally, long-term holdings over 12 months may benefit from a 15% tax with indexation.
TDS and Reporting Tighten
The TDS rate has reportedly been reduced to 0.1% on trades above ₹50,000, easing liquidity for frequent traders. Still, under Section 285BAA, all transactions—including time stamp, coin type, and value—must be reported, effective from February 1, 2025. Registration with the FIU is mandatory for exchanges, ensuring comprehensive AML/KYC compliance. Reddit users caution that even trades on offshore or non-FIU platforms could become subject to retrospective reporting if they register later.
CARF for Cross-Border Transparency
India is aligning with the OECD’s Crypto-Asset Reporting Framework (CARF), a global standard for tax transparency in digital-asset flows. Adoption of CARF will strengthen India’s ability to monitor cross-border crypto activity and uphold fiscal responsibility.
Practical Implications for Users and Businesses
Legal Status and Tools
Is crypto legal in India? While not formally licensed, cryptocurrencies are not banned. The Supreme Court lifted the RBI’s earlier ban in 2020, making crypto investment legally permissible, though the regulatory environment remains ambiguous. In this context, prudent users increasingly favor a Non custodial crypto wallet, such as MetaMask or Trust Wallet, particularly when navigating tron wallet options on the TRON network—as these provide full control over keys and reduce dependency on centralized exchanges. Many investors also seek specialized solutions like the best wallet for bitcoin to ensure optimal security for their primary cryptocurrency holdings.
Industry Momentum and Regulatory Pressure
Exchanges and industry groups are pressing for more favourable tax policies and reduced transaction taxes—down from 30% to 0.1%—to revive local trading activity. Meanwhile, as international exchanges like Coinbase and Binance re-enter India following FIU registration, they must navigate incoming regulation while appealing to a large and affluent youth market.
A Word on the Push the Coin App—User Perspective
There is online chatter regarding the Push the Coin app, though none from India-specific sources. YouTube reviewers question whether earnings can actually be withdrawn. Reddit users remain skeptical, sharing personal anecdotes of long-pending withdrawal reviews or no payouts:
“Apps like that are either information farming or ad revenue farming… they won’t pay out.”
Hence, those curious about app-based crypto rewards would do well to approach them cautiously and perform independent due diligence.
Conclusion
India’s crypto regulation journey is at a critical inflection point.
With frameworks like the COINS Act, a forthcoming discussion paper, evolving taxation models, and alignment with CARF, the country is moving toward clarity. These changes will influence everyday users—especially those using tools like Non custodial crypto wallet and tron wallet—and larger institutions alike. Awareness of crypto news India, understanding is crypto legal in India, and question marks around tools like the push the coin app review all shape user confidence and behavior. As regulation evolves, it is vital to watch closely and act with informed discretion.
Alexia is the author at Research Snipers covering all technology news including Google, Apple, Android, Xiaomi, Huawei, Samsung News, and More.
