US PCE inflation beat triggers crypto rally. BTC in India: ₹56.7L (+2.1%). ETH: ₹2.97L (+2%). Indian exchanges hit ₹3,200 crore combined volume — highest in June. ITR July 31 deadline: 4 days away. SEBI consultation: comments close July 31.
BTC in INR: ₹56.7L (+2.1%). ETH: ₹2.97L (+2%). SOL: ₹1,43,640 (+3.5%). XRP: ₹207 (+3.3%). Combined Indian exchange 24h volume: ₹3,200 crore (₹2,800 crore yesterday). This is the highest single-day trading volume on Indian exchanges in June 2026. CoinDCX app store rankings jumped 3 positions today — new users onboarding during rally. Altcoin Season Index crossing 50 is driving attention.
URGENT for Indian crypto investors: July 31 ITR deadline is 4 DAYS away. Required: File Schedule VDA in ITR-2 or ITR-3. Declare all crypto sells, trades, and swaps from FY 2025-26 (Apr 2025 – Mar 2026). Calculate 30% tax on all profits. Verify 1% TDS credits in Form 26AS match exchange records. Use Koinly for automated Schedule VDA generation. ₹5,000 penalty for late filing. Don't wait — the SEBI deadline and ITR deadline are both July 31.
SEBI draft crypto framework public consultation closes July 31. Key proposals: mandatory proof-of-reserves (prevents exchange insolvency hiding), 95% cold storage requirement (prevents WazirX-style hack losses), 10x leverage cap, 2% AUM insurance fund. This affects every Indian crypto investor. Read the draft at sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes and submit comments. First Indian crypto regulation that actually protects investors. Your comments matter.
India crypto market 2026 stats: 100M+ registered crypto users (2nd globally after US). Daily active traders: 3.2M. Combined AUM at Indian exchanges: ₹45,000 crore ($5.4B). Bitcoin ETFs on NSE/BSE: ₹1,200 crore AUM. Indian crypto SIP users: 8.5M (growing 40% annually). India's crypto adoption is real and accelerating — the SEBI framework, if implemented well, will further legitimize it and attract institutional investors who currently stay away due to regulatory uncertainty.
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