Public Policy

This year is poised to be a consequential year for cryptoassets globally. As the maturity of this relatively new asset class continues to gain momentum, with increasing institutional adoption and expanding use cases across various sectors, the cryptoassets market is poised for growth, and mainstream adoption. This CoinSwitch Public Policy blog captures a range of […]

The Indian government is taking a significant step towards tax transparency and regulatory oversight in the Virtual Digital Assets (VDAs) sector. The Finance Bill 2025, tabled in Parliament on February 1, proposes amendments to the definition of VDAs and introduces mandatory reporting requirements for crypto-asset transactions. These changes align India with global efforts to track […]

The intersection of policy and market sentiment became strikingly evident in the year 2024, as Donald Trump’s re-election to the U.S. presidency ignited a pro-crypto asset wave that pushed Bitcoin – the largest digital asset by market cap – past the $100k mark. This remarkable milestone underscored the impact of supportive administration on market dynamics […]

The global anti-money laundering and combating the financing of terrorism (AML/CFT) watchdog – the Financial Action Task Force (FATF) — discussed and adopted India’s Mutual Evaluation Report (MER) at its plenary in Singapore in June 2024. The report was made public on September 19. The plenary concluded that India has reached a high level of […]

The Budget Session of Parliament was held from July 22 to August 9, 2024. As this was the first full-fledged sitting of both Houses of Parliament after the 2024 General Elections, there were considerable expectations on what the new government’s first Budget would offer for the Virtual Digital Asset (VDA) sector. While the Economic Survey […]

A large and fast-growing digital-led economy, widespread availability of highly skilled tech talent, a thriving startup ecosystem, and favorable demographics are all the right ingredients for India to become a global leader in the Web3 and VDA sector. India is poised to be the world’s third largest economy, and Web3 holds immense potential to be […]

Multilateral agencies are accelerating their response to comprehensively regulate crypto assets.

The spectacular collapse of a large crypto asset exchange in 2022 and the subsequent whirlwind trial and conviction of its founder; the crash of a prominent crypto-friendly bank in the US; and the recent unprecedented multi-billion dollar penalty on the largest crypto asset exchange in the world for criminal compliance violations, hogged global crypto headlines […]