India central bank backs crypto ban, tax department warns of evasion risks, documents show
Cryptocurrency / 08.07.2026

India central bank backs crypto ban, tax department warns of evasion risks, documents show

India's central ​bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore exchanges is hard ‌to track, government documents reviewed by Reuters showed.

NEW DELHI, July 8 (Reuters) - India's central ​bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore exchanges is hard ‌to track, government documents... [4375 chars]

Published by: Reuters

Read full article here: https://www.reuters.com/world/india/india-central-bank-backs-crypto-ban-tax-department-warns-evasion-risks-documents-2026-07-08/

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