Indian crypto users may ‘force’ policy shift amid mounting demand

India’s growing crypto momentum is unstoppable, according to Sujal Jethwani, a leading crypto educator with over 400K followers. Speaking at the Binance Crypto-Powered Tour in Bhutan, Jethwani asserted that India’s restrictive policies and harsh taxes won’t deter the rising tide of digital asset adoption.

“All stock market and forex traders are shifting to crypto,” he said. “People won’t walk away from this.”

Jethwani described India’s crypto scene as a “suppressed spring,” citing the 30% tax on crypto profits and the 1% TDS on transactions above $115 as hurdles. Yet, interest keeps surging, showing signs of inevitable reform.

He remains hopeful that increasing political and public interest—like recent calls for a national Bitcoin reserve—will force the government to reconsider its stance. “It might be slow, but India will act. People will push the change,” he added.

As demand grows, pressure mounts on India to craft a clear and progressive crypto regulatory framework.

Source: Cointelegraph

Voice of Osiz:

We believe India’s crypto adoption is inevitable despite current regulatory roadblocks. The rising interest among traders, paired with increasing political awareness, signals a shift toward more favorable policies. Harsh taxation can delay innovation but cannot suppress demand. As tech enablers, we see this as a turning point that will accelerate Web3 integration across India.