- Indiaās COINS Act: Because why let the West have all the crypto fun? š¤
- Self-custody and privacy? Yeah, theyāre basically writing a love letter to crypto nerds. š
- Special crypto watchdog and Bitcoin hoarding? Someoneās been reading the crypto tea leaves. ā
So, India just dropped the COINS Act, and let me tell you, itās like they took all the crypto drama, added a dash of Bollywood flair, and said, āHold my chai.ā šµ With this move, Indiaās not just dipping its toes into the crypto poolāitās doing a cannonball. The internet? Itās exploding faster than a TikTok trend. š„
Source ā X (because where else would this drama unfold?)
Hashed Emergent and Black Dot Policy Advisors (catchy names, right? š©) are the masterminds behind this crypto revolution. Their mission? To make India the crypto prom queen. š The COINS Act is their tiaraāa rights-first model law thatās basically saying, āWe see you, crypto challenges, and weāre here to slay.ā š”ļø
Crypto Rights and a Watchdog? Sign Me Up! š¶
Hereās the kicker: the COINS Act is all about crypto-native rights. Self-custody, protocol access, privacyāitās like they took the crypto wishlist and made it law. š And then thereās CARA, the Crypto Assets Regulatory Authority. Think of it as the cool aunt who only cares about whatās happening in India, not your cousinās decentralized drama in Estonia. šŖšŖ
No one-size-fits-all nonsense here. Centralized exchanges? Licensed. Non-custodial protocols? Just disclose. Fully decentralized? Youāre free to vibe. šŗ Itās like the EU MiCA and Singaporeās sandbox had a baby, and India named it COINS. š¶
Safe Harbours, Bitcoin Hoarding, and No More Crypto FOMO šļø
ICOs getting a safe harbour? Thatās Indiaās way of saying, āStay here, crypto geniuses, weāve got snacks.ā šæ And the 30% tax on crypto gains? Still a thing, but at least now thereās a lifeline. Oh, and Indiaās thinking of hoarding Bitcoin like itās 2010 all over again. š¤ Because who doesnāt 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 BeyoncĆ©. ļæ½QueenBey And with policymakers finally paying attention, the timing couldnāt be more perfect. Itās like they finally realized crypto isnāt just a phaseāitās the future. š
So, here we are, watching India rewrite the crypto rulebook with constitutional rights, a watchdog, and a side of Bitcoin hoarding. Itās bold, itās spicy, and itās totally India. š¶ļø The worldās watching, and honestly? Iām here for the drama. š¬
For the first time, Indiaās crypto story isnāt just a subplotāitās the main event. And if this works? Well, letās just say the West might need to step up its game. š
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2025-07-23 07:04