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India’s Route: Crypto Regulation Through Taxation

India’s approach to regulating digital assets is to tax it. It’s a proposal other countries are watching with interest.

India is a fast-growing market for crypto trading, something its government isn’t too keen about.

India is a fast-growing market for crypto trading, something its government isn’t too keen about.

Photographer: Erhan Demirtas/Bloomberg
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It feels like every country in the world is figuring out how they want to regulate crypto — or if they’ll even allow it to exist at all.  India is seen as one of the fastest-growing markets for crypto trading, something its government isn’t too keen about. Bloomberg reporter Sidhartha Shukla joins me today to discuss India’s complicated history of crypto regulation, why they’re turning to taxes to curb speculation on the asset classes, and the potential lessons for other countries.

Regulation Through Taxation in India ...