印度加密货币和《硬币法》：数字资产的新黎明？

印度的加密景观是通过《硬币法》的转型浪尖，有可能重塑法规和投资者的情绪。这是印度数字资产新时代的曙光吗？

Crypto, India, and the COINS Act: A New Dawn for Digital Assets?

印度加密货币和《硬币法》：数字资产的新黎明？

India's crypto landscape is heating up! With the introduction of the COINS Act, the country is aiming to redefine its role in the global digital asset arena, potentially ushering in a new era of crypto regulation and adoption.

印度的加密景观正在加热！随着《硬币法》的引入，该国旨在重新定义其在全球数字资产领域的作用，这可能会在加密监管和采用的新时代。

The COINS Act: A Game Changer?

《硬币法》：改变游戏规则的人？

The COINS Act, spearheaded by Hashed Emergent and Black Dot Policy Advisors, is making waves. The core mission? A 'rights-first' model law designed to tackle India's unique crypto challenges. This act focuses on embedding fundamental freedoms like self-custody, protocol access, and privacy directly into the regulatory framework. Imagine having the constitutional right to manage your own crypto – pretty cool, right?

由Hashed Repent和Black Dot政策顾问带头的硬币法正在引起轰动。核心任务？旨在应对印度独特的加密挑战的“权利优先”法律。该法案着重于嵌入基本自由，例如自我顾客，协议访问和隐私直接到监管框架中。想象一下，拥有管理自己的加密货币的宪法权利 - 非常酷，对吗？

CARA: The New Sheriff in Town

卡拉：镇上的新警长

One of the key proposals is the creation of the Crypto Assets Regulatory Authority (CARA). Think of CARA as a specialized watchdog dedicated to overseeing the crypto industry within India. The COINS Act ensures CARA's focus remains on services targeting India, preventing overreach into decentralized global networks. This targeted approach is a smart move, allowing for focused regulation without stifling innovation.

关键建议之一是建立加密资产监管机构（CARA）。将Cara视为专门负责监督印度加密行业的专业监管机构。 《硬币法》确保了卡拉的重点放在针对印度的服务上，从而阻止了分散的全球网络。这种有针对性的方法是一个明智的举动，可以进行重点监管而不会扼杀创新。

A Tailored Approach: No One-Size-Fits-All

量身定制的方法：没有一件大小的东西

The COINS Act smartly avoids a blanket approach. Centralized exchanges would be licensed, non-custodial protocols would require simple disclosures, and truly decentralized platforms could be exempt. This nuanced approach, drawing inspiration from the EU's MiCA regime and Singapore's regulatory sandbox, could strike a balance between regulation and fostering growth.

《硬币法》巧妙地避免了毯子的方法。集中式交流将获得许可，非监护协议将需要简单的披露，而真正的分散平台可以免除。这种细微的方法从欧盟的云母政权和新加坡的监管沙盒中汲取灵感，可以在监管和促进增长之间取得平衡。

Safe Harbors and Bitcoin Reserves?

安全港口和比特币储备？

Here's where it gets interesting. The COINS Act proposes temporary safe harbors for initial coin offerings (ICOs) launched in India, aiming to keep developer talent from fleeing to other countries. Furthermore, there's talk of establishing a strategic reserve of Bitcoin and other digital assets, managed nationally. Could India be positioning itself for crypto-asset sovereignty? It's a bold move that echoes global experimentation with state-backed Bitcoin reserves.

这是有趣的地方。 《硬币法》提出了在印度推出的初始硬币产品（ICO）的临时安全港口，旨在使开发人员人才逃往其他国家。此外，还有关于在全国范围内管理的战略储备和其他数字资产的战略储备。印度可以为加密资产主权定位吗？这是一个大胆的举动，它与国家支持的比特币储备相呼应了全球实验。

Addressing Past Issues

解决过去的问题

The need for such regulation stems from past vulnerabilities within the Indian crypto ecosystem. Incidents like the WazirX cyberattack in 2024 and the CoinDCX vulnerability in 2025 highlighted the absence of proper regulatory frameworks and investor protection. The COINS Act 2025 directly addresses these gaps.

对这种法规的需求源于印度加密生态系统中的过去脆弱性。诸如2024年Wazirx网络攻击之类的事件以及2025年的Coindcx脆弱性强调了没有适当的监管框架和投资者保护。 2025年《硬币法》直接解决了这些差距。

The Tax Question

税收问题

Currently, India imposes a hefty 30% tax on crypto income and a 1% TDS on transactions. The COINS Act aims to eliminate the 30% tax, which could significantly boost investor confidence and market participation. Combined with self-custody rights, this could give users more control and security over their investments.

目前，印度对加密货币收入征收了30％的税，对交易征收1％的TD。 《硬币法》旨在消除30％的税收，这可能会大大提高投资者的信心和市场参与。结合自我顾客权利，这可以为用户提供更多对投资的控制和安全性。

Final Thoughts: Is India Ready for Crypto Prime Time?

最终想法：印度准备好加入加密货币时间了吗？

The COINS Act represents a potentially massive step forward for India's relationship with digital assets. By tackling regulatory ambiguity and prioritizing investor protection, this legislation could lay the foundation for a more stable and vibrant crypto ecosystem. Will it be smooth sailing? Probably not. But with the COINS Act on the horizon, India's crypto future looks brighter than ever. Keep your eyes peeled—this story is just getting started!

《硬币法》代表了印度与数字资产关系的潜在巨大一步。通过解决监管歧义并确定投资者的优先级保护，这项立法可以为更稳定和充满活力的加密生态系统奠定基础。会很顺畅吗？可能不是。但是随着《硬币法》的即将到来，印度的加密未来看起来比以往任何时候都更加光明。睁大眼睛 - 这个故事才刚刚开始！