According to the latest information, the Indian government does not have immediate plans to regulate the buying and selling of cryptocurrencies, instead, it is focusing on cracking down on money laundering activities and terrorist financing through these assets. Finance Ministry Parliamentary Secretary Pankaj Chaudhary's statement in parliament indicates that India's current regulatory stance towards crypto assets or virtual digital assets (VDA) remains lenient, with the government not encouraging nor collecting data on such assets. It is worth noting that although India implemented a tax regime for the transfer and profits from cryptocurrency since April 1, 2022, which requires citizens to pay a 30% tax on unrealized gains and implement a 1% tax deduction at source (TDS), the government has not proposed stricter regulatory measures on cryptocurrency transactions to date.