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crypto trading is legal in india
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The RBI clarified that crypto trading is not illegal, but it is not regulated as a financial instrument.
If you want to trade, make sure you use a licensed exchange and keep proper records for taxes.
Many traders in India are using Binance and WazirX, but they still face scrutiny from the tax department. crypto is legal in russia
There is no legal framework for crypto derivatives yet, so use caution when trading options or futures.
The Income Tax Act treats crypto gains as capital gains, so you need to file a return each year.
If you’re a small investor, consider using a custodial wallet to reduce the risk of hacks.