Is India leaning towards a crypto ban again? The question is stirring up discussions in the financial and tech communities as the country grapples with the future of digital assets. Indian regulators are reportedly considering a ban on cryptocurrency again as it views cryptocurrencies as high-risk investments and leans towards a more regulated environment. But is this the right approach?

With the global perspective on digital assets warming up, India is revisiting its approach towards crypto regulation. Currently, crypto in India is unregulated but heavily taxed. Despite this challenging environment, India ranked first in the 2025 Global Adoption Index for the second time, according to Chainalysis, one crypto research firm, proving the strong interest and potential within the Indian market.

However, the possibility of a crypto ban looms large. As global regulatory frameworks for cryptocurrencies gain momentum, India’s policymakers appear to be reassessing their approach. The move comes amid concerns regarding investor protection and financial stability.

The pressure isn’t just coming from the markets. Supreme Court Steps In: Silence is No Longer an Option. India’s Supreme Court has strongly called out the government’s stance on crypto regulation, adding further urgency to the situation. Will India embrace regulation or revert to a ban? The coming months will be crucial in determining the future of cryptocurrency in India.