- India’s COINS Act: Because why let the West have all the crypto fun? 🤑
- Self-custody and privacy? Yeah, they’re basically writing a love letter to crypto nerds. 💌
- Special crypto watchdog and Bitcoin hoarding? Someone’s been reading the crypto tea leaves. ☕
So, India just dropped the COINS Act, and let me tell you, it’s like they took all the crypto drama, added a dash of Bollywood flair, and said, “Hold my chai.” 🍵 With this move, India’s not just dipping its toes into the crypto pool—it’s doing a cannonball. The internet? It’s exploding faster than a TikTok trend. 💥
Source – X (because where else would this drama unfold?)
Hashed Emergent and Black Dot Policy Advisors (catchy names, right? 🎩) are the masterminds behind this crypto revolution. Their mission? To make India the crypto prom queen. 👑 The COINS Act is their tiara—a rights-first model law that’s basically saying, “We see you, crypto challenges, and we’re here to slay.” 🗡️
Crypto Rights and a Watchdog? Sign Me Up! 🐶
Here’s the kicker: the COINS Act is all about crypto-native rights. Self-custody, protocol access, privacy—it’s like they took the crypto wishlist and made it law. 🎉 And then there’s CARA, the Crypto Assets Regulatory Authority. Think of it as the cool aunt who only cares about what’s happening in India, not your cousin’s decentralized drama in Estonia. 🇪🇪
No one-size-fits-all nonsense here. Centralized exchanges? Licensed. Non-custodial protocols? Just disclose. Fully decentralized? You’re free to vibe. 🕺 It’s like the EU MiCA and Singapore’s sandbox had a baby, and India named it COINS. 👶
Safe Harbours, Bitcoin Hoarding, and No More Crypto FOMO 🏖️
ICOs getting a safe harbour? That’s India’s way of saying, “Stay here, crypto geniuses, we’ve got snacks.” 🍿 And the 30% tax on crypto gains? Still a thing, but at least now there’s a lifeline. Oh, and India’s thinking of hoarding Bitcoin like it’s 2010 all over again. 🤑 Because who doesn’t want a national stash of digital gold?
Hashed Emergent is taking this show on the road with public workshops and open forums. Their goal? To make India the crypto Beyoncé. �QueenBey And with policymakers finally paying attention, the timing couldn’t be more perfect. It’s like they finally realized crypto isn’t just a phase—it’s the future. 🚀
So, here we are, watching India rewrite the crypto rulebook with constitutional rights, a watchdog, and a side of Bitcoin hoarding. It’s bold, it’s spicy, and it’s totally India. 🌶️ The world’s watching, and honestly? I’m here for the drama. 🎬
For the first time, India’s crypto story isn’t just a subplot—it’s the main event. And if this works? Well, let’s just say the West might need to step up its game. 🌍
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2025-07-23 07:04