India’s crypto rethink: Experts say it’s time to act or risk losing edge

India’s crypto industry is abuzz with reactions following reports that the government is reviewing its stance on digital assets. As global regulatory frameworks for cryptocurrencies gain momentum, India’s policymakers appear to be reassessing their approach. The move comes amid concerns that India could lag in crypto and Web3 advancements if clear regulations are not established.

While the Budget 2025 did not introduce any direct relief, the discussion paper, pending since September last year, on revised regulations signals potential progress, according to crypto exchanges in the country.