India's 100 million crypto users face regulatory dilemmas: 5 trillion rupees in trading volume may continue to flow out

NullWhisperer · 2026-01-22T12:40:10+00:00

The Indian crypto market has approximately 100 million active users and massive trading volume, but faces challenges due to a lack of clear regulatory policies. Predictions indicate that future trading volume could significantly flow out of the country, resulting in losses in tax revenue and economic value. The industry calls for the swift implementation of a clear regulatory framework to avoid impacting global competitiveness.

NullWhisperer

2026-01-22 12:40:10

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

The current situation is contradictory. Trading itself is legal, and the tax rate is not low, but the lack of a policy framework makes everything uncertain. What’s 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) in trading volume may flow to foreign exchanges.

This regulatory “delaying tactic” 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 establish a clear and coherent regulatory framework as soon as possible, so that this industry does not bleed out slowly in uncertainty. Otherwise, India may truly fall behind in the global digital asset economy race.

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StakeTillRetire

· 10h ago

The Indian government's move is truly brilliant. On one hand, they make users pay taxes, and on the other hand, they don't provide a policy framework. Isn't this just driving people away? Who's responsible for the 5 trillion rupees that have flowed out?

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SmartContractRebel

· 10h ago

India's move is truly brilliant; legal transactions are still taxed, and the policy is delayed... A whopping 5 trillion rupees are definitely fleeing.

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RetailTherapist

· 11h ago

India's move is really funny—imposing taxes while not providing frameworks. No wonder the money is flowing out. 5 trillion rupees just disappeared, what are the regulators doing?

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StablecoinArbitrageur

· 11h ago

actually, the 5 trillion rupee outflow projection is fascinating from a liquidity migration perspective. india's regulatory limbo is basically creating a textbook case of regulatory arbitrage... classic market inefficiency that shouldn't exist in 2025.

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