India can achieve responsible cryptoasset development with self-regulation

India's crypto sector sees regulation with tax laws and anti-money laundering measures. G20 Presidency promotes stablecoins and financial stability per IMF-FSB Synthesis. Bharat Web3, suggesting consumer protection and token listing, complements tax adjustments like TDS rate, loss offset, and revisiting the 30% tax rate. ICRIER recommends global regulation, balancing protection and innovation.