Crypto

Crypto’s hopes for a Washington rescue collided with a harsher market reality Tuesday. The likely failure of the long-shot Clarity Act to advance in the Senate removed one of the industry’s few potential catalysts just as renewed anxiety over interest rates bears down on speculative assets, sending Bitcoin sharply lower while hammering crypto-linked stocks.

FAST-DS 2026 allows eligible taxpayers to voluntarily disclose certain undisclosed foreign assets and income. But can it cover unreported overseas crypto? The rules depend on where the crypto is held, how it was acquired and whether the taxpayer meets the scheme’s conditions.

India's crypto asset regulations focus on strict compliance related to taxation and AML rather than a market regulator. The US Senate's CLARITY Act is poised to clarify legal structures for digital assets, with potential global implications affecting how countries like India may approach regulation.

Wondering whether you can gift crypto in India? This guide explains the rules around crypto gifting, including who can receive tax-exempt gifts, how tax is calculated when gifted crypto is sold, ITR reporting, documentation and other key compliance requirements.

These investors dropped bitcoin and other digital tokens and got swept up in the mania over AI stocks.

Bitcoin has evolved into a mainstream financial asset but carries significant risks, as highlighted by its sharp price drop. Despite being recognised for tax purposes in India, investor caution persists regarding crypto safety.