India, known for its tough stance on cryptocurrencies, may reconsider its policy of regulating digital assets. This statement was made by the country's Minister of Economic Affairs, Ajay Seth, who noted that "digital assets do not recognize borders," hinting at the need to adapt to global trends.

Speculation about a possible relaxation of crypto regulation has emerged against the background of new tax measures, including a 70% tax on previously undisclosed crypto income.Indian authorities have traditionally compared cryptocurrencies to gambling, but the growing global adoption of digital assets may change their approach.

At the same time, India is actively promoting the concept of a state-owned digital currency (CBDC), considering it as an alternative to decentralized assets. The country's central bank has already announced plans to expand its cross-border payment system, in which CBDC can play a key role.

Experts believe that further strengthening of the international recognition of cryptocurrencies may force India to soften its position in order to keep up with the technological race.