A recent survey of Indian investors reveals their concerns about the current taxation system for cryptocurrencies and calls for adjustments. The study found that over half of the respondents (58%) consider the existing crypto tax regime too stringent, while a similar proportion (52%) expressed concern over anti-money laundering regulations related to cryptocurrencies. Furthermore, the survey indicates that the majority of respondents (93%) prefer collateralized stablecoins over algorithmic ones. This survey, conducted in March and April across five cities including New Delhi, gathered opinions from 1,342 highly educated participants.