COINS Act 2025 To Redefine Crypto Regulation In India?
The COINS Act 2025, introduced by Web3 venture firm Hashed Emergent and policy advisory group Black Dot, aims to reshape India's digital asset landscape. This non-binding legislative blueprint seeks to address punitive taxation, regulatory ambiguity, and the absence of digital rights, positioning India as a leader in Web3 innovation.
India's current extreme tax regime imposes a 30% flat tax on profits from VIRTUAL digital assets (VDAs) and a 1% TDS on all transactions. The lack of clear laws on self-custody, privacy, and permissionless protocols has driven DeFi projects, crypto gaming studios, and infrastructure ventures offshore. The COINS Act proposes a balanced framework to reverse this trend.