•Crypto exchanges claim taxation has increased investor confidence, positioning crypto as a future asset.
•Indian crypto exchanges operate under regulations similar to other investment platforms, with VDASPs registering with FIU-IND under PMLA.
•Investors benefit from a regulated environment, with platforms adhering to legal and compliance standards, including full KYC and transaction reporting.
•Crypto is legally defined as a Virtual Digital Asset (VDA) in India, providing clear rights for holding, buying, and selling.
•A 30% flat tax + 4% cess on profits and 1% TDS on transactions above a limit provide a clear taxation framework, enhancing transparency.
