India enfrenta un dilema regulatorio con 100 millones de usuarios de criptomonedas: un volumen de transacciones de 5 billones de rupias podría seguir fluyendo hacia afuera

【币界】India’s crypto market size is not to be underestimated—about 100 million active users, with huge trading volume. But this potentially enormous market is now caught in an awkward regulatory gray area.

The current situation is very contradictory. Trading itself is legal, and the tax rate is not low, but the lack of a policy framework makes everything uncertain. The result? Industry insiders predict that from October 2024 to 2025, as much as 5 trillion rupees (which is also an astronomical figure in USD) could flow to foreign exchanges.

This “delaying tactic” in regulation comes at a great cost—not only losing tax revenue but also sacrificing economic value and industry dominance. Market participants are beginning to call on the government to quickly establish a clear and coherent regulatory framework, so that this industry no longer bleeds out in uncertainty. Otherwise, India may truly fall behind in the global digital asset economy race.