India’s Crypto Drama: COINS Act 2025 Shakes the Fiat Throne!
India’s crypto policy is stuck in a Kafkaesque maze of “regulatory limbo,” where policymakers, like lost tourists, cling to outdated statutes ever since the Supreme Court lifted the central bank’s draconian banking ban in 2020. Arvind Alexander, a senior legal counsel at Hashed Emergent, lamented that this state of affairs “breeds chaos” and stifles India’s aspirations to become a global crypto powerhouse. 🚀