July 31 is the ITR deadline for most Indian taxpayers, including crypto investors. If you traded crypto in FY 2025-26: file under "Income from Virtual Digital Assets." Check your Form 26AS for TDS credits (1% TDS deducted by exchanges). Use Koinly to auto-generate your ITR-ready report. File on time — late filing attracts ₹5,000 penalty.
SEBI (Securities and Exchange Board of India) is finalizing a regulatory framework for crypto assets, expected Q3 2026. Key proposals: mandatory cold storage for exchange user funds, monthly proof-of-reserves, maximum leverage limits on futures. If adopted, Indian exchanges must comply. This is POSITIVE for investors — more exchange safety, less risk of another WazirX-style hack.
India's own crypto ETFs (listed on NSE/BSE) now cover Bitcoin and Ethereum, launched 2024-25. These allow investment through regular demat accounts — no crypto exchange needed. Current total AUM: ₹1,200 crore (growing). Tax treatment: same 30% VDA tax applies. Benefit: accessible through stockbrokers like Zerodha, Groww — easier for traditional investors.
CoinDCX launched a new SIP auto-invest feature (recurring buy, configurable intervals) — now competing directly with Mudrex for the systematic investor. BTC in India at ₹54.9L ($65.7K). ETH at ₹2.91L ($3,478). Fear & Greed Index: 54 (Neutral). Indian exchange volumes healthy — ₹2,800 crore combined 24h volume. Bull trend intact.
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