Cryptocurrency could be regarded as an asset and not a currency in India
India is home to more than 100 million cryptocurrency investors, India is now turning into a global DeFi and blockchain hub. The government noted growth in the popularity of crypto in the nation, and according to the latest reports, the government might regard crypto as an asset rather than a mode of payment.
Cryptocurrency legalization in India
Recently, the Prime Minister of India, Narendra Modi, sat down with prominent members of the government and from the private sector to talk about the acceptance of cryptocurrency. After concluding the meeting on an optimistic note, it seems that the government is ready to accept cryptocurrencies, but there's a catch.As compiled in a report by Economic Times, the government is ready to accept cryptocurrency investment by treating these blockchain-based currencies as an asset. However, using them for payments or settling transactions is something that the government doesn't agree on. Furthermore, the government will ban the solicitation of these digital assets by firms and exchanges.
"The government is finalizing legislation that will pave the way for regulation of crypto asset trading while barring the use of virtual currencies for payments and transactions," said the report.While the government is ready to approve the legislature for cryptocurrency trading, a person close to the government said that the bill would be taken to the Cabinet in two to three weeks for approval. The person also stated that the government is currently having discussions on regulations. "Securities and Exchange Board of India (SEBI) could be designated as the regulator," said the report.
Furthermore, the bill is expected to come out in the winter session of the Parliament and will be put to the vote. Taxation details and other regulatory decisions will also be a part of this bill as currently, the government hasn't taxed cryptocurrency investment. It seems that the government's "progressive and forward-looking" stance on crypto will turn India into a DeFi hub in the near future.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
