India central bank backs crypto ban, tax department warns of evasion risks, documents show
India's central bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore exchange…
India's central bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore exchanges is hard to track, government documents reviewed by Reuters showed.
Source: https://www.reuters.com/world/india/india-central-bank-backs-crypto-ban-tax-department-warns-evasion-risks-documents-2026-07-08/