India's Crypto Tax Trouble Leads to Calls for Cuts and Clear Rules

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Story Highlights* Former MP urges the government to cut crypto taxes and bring in clear, fair regulations to support Web3.

  • Heavy taxes and unclear rules have pushed over $42 billion in trading offshore, hurting local innovation.
  • The COINS Act 2025 proposes bold changes like self-custody rights, tax reform, and a dedicated crypto regulator to help India lead in Web3.
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