Altcoins News
By Evie Vavasseur
1 / 15
Indian crypto exchanges want tax reform. The industry's basically screaming for the government to cut the brutal 30% crypto gains tax and that nasty 1% transaction fee that's…
2 / 15
Trading volumes on Indian platforms crashed over 70% in 2025, and it's pretty clear why. The current tax setup is driving traders to Singapore, Dubai, and other crypto-friendly…
3 / 15
Local exchanges can't compete with offshore platforms that offer lower taxes and fewer headaches.
4 / 15
Industry leaders want the transaction tax reduced and a complete rethink of the capital gains structure.
5 / 15
The regulatory mess makes things worse. India's crypto sector has dealt with uncertainty since the RBI's 2018 banking ban, which the Supreme Court overturned in 2020, but the…
6 / 15
On January 15, the Blockchain and Crypto Assets Council issued a statement telling the government to wake up to the economic damage from current tax policies.
7 / 15
RBI Governor Shaktikanta Das said on January 20 that the central bank still worries about crypto risks but admitted they need a regulatory framework that balances innovation with…
8 / 15
The government held a closed-door meeting with crypto industry bigshots on January 25. Representatives from CoinSwitch Kuber and ZebPay showed up to discuss the tax mess and…
9 / 15
The Confederation of Indian Industry submitted a report on January 28 recommending gradual tax reductions.
10 / 15
Meanwhile, exchanges are preparing for different budget scenarios. Some are exploring partnerships with global platforms to offer more competitive services if tax reforms don't…
11 / 15
Offshore exchanges keep benefiting from India's tax exodus. Singapore and Dubai are becoming go-to destinations for Indian traders who want lower taxes and less regulatory hassle.
12 / 15
The crypto community hopes the government will listen to their concerns when the budget drops.
13 / 15
For now, everyone's waiting for February 1. The Finance Ministry still hasn't commented on potential tax reforms, and the silence is making investors and exchange operators…
14 / 15
The crypto tax burden has created a stark competitive disadvantage for Indian exchanges compared to regional rivals.
15 / 15
Major Indian exchanges are hemorrhaging market share to international competitors. Binance and other global platforms now handle an estimated 60% of Indian crypto trading volume…
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