Budget 2026: Crypto markets expect regulated, transparent, compliance-driven framework

As Budget 2026 approaches, the crypto (virtual digital asset) sector is seeking long-awaited regulatory clarity to restore investor confidence, along with a rationalisation of the current 1% TDS on crypto transactions.

Budget 2022 had earlier formally recognised cryptocurrencies as Virtual Digital Assets and introduced a dedicated taxation regime for the sector.

In the Union Budget 2025, the finance minister retained the existing tax framework for virtual digital assets (VDAs), despite repeated industry calls for reforms that experts say have discouraged investors and traders.Also Read | Railway-focused mutual funds lose up to 8% since last Budget. Is 2026 time to stay invested or exit?

Here is what some of the industry’s leading voices…

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