India: Crypto Regulation Delayed Again

India crypto regulation delay extends after Parliament’s Standing Committee on Finance cancelled the August 27 hearing where the Finance Ministry’s Department of Economic Affairs was set to present on Virtual Digital Assets. No new date emerged. The September 3 session now covers direct tax reforms instead. Differences with the RBI have stalled the DEA discussion paper multiple times while the 30% tax and 1% TDS continue to shape trading for over 100 million Indian users.