BTCUSD Today: India Budget Debate Backs Crypto Regulation — February 9
India Budget 2026 crypto regu is back in focus after AAP MP Raghav Chadha pressed for strict rules and AML ring-fencing in the Parliament budget debate. He argued that onshoring investors could add Rs 15,000–20,000 crore in revenue. For Singapore traders, a policy pivot in India can deepen regional liquidity and narrow spreads. BTCUSD trades near $69,086, up about 10% today, with volatility high. We break down market levels, potential policy paths, and risks to watch.
What India’s budget debate signals for crypto
AAP MP Raghav Chadha urged tighter crypto oversight, anti-money laundering ring-fencing, and incentives to bring Indian investors onshore, estimating Rs 15,000–20,000 crore in added revenue. His remarks during the…
