India ranks fourth with $19 billion in potentially taxable crypto activity for 2025, Chainalysis data shows, as 31% of wallets drive 86% of volume.

Binance mandates Indian users supply full source and destination details for crypto deposits and withdrawals starting June 22, 2026 to meet Travel Rule requirements.

Bitcoin at $66596.25 as India positions mining for digital age gains, with EMA50 support at $64746.94 and MACD golden cross intact.

According to Kashif Raza, a report from Gujarat National Law University (GNLU) outlines five potential models for regulating cryptocurrencies in India. These include a SEBI-led model treating crypto as financial assets, an RBI-led model focusing on its monetary aspects, a multi-regulator model dividing responsibilities among agencies, the creation of a dedicated crypto regulator, and a self-regulation approach with government oversight. This study underscores the urgent need for clear regulatory frameworks as India navigates its growing crypto adoption.