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India plans deeper crypto oversight by probing exchanges for tax compliance on evolving trades
Business
Published on 24 April 2026
Exchanges may soon face new scrutiny as trading patterns change
India is in discussions with cryptocurrency exchanges to understand how trading activity is evolving, a top tax official said. The move aims to build oversight over newer crypto products while ensuring tax compliance as regulations and market practices shift. The government wants clearer insight into transactions and activity patterns, rather than reacting after the fact.
- India is engaging crypto exchanges to track evolving trading activity
- The goal is stronger oversight of newer crypto products
- Tax compliance is a central focus of the scrutiny
- Regulators want better visibility into transaction patterns
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times