
Indian parliamentary committee ends crypto hearings without a bill
- —VDA hearings lasted a year: from September 2025 to September 2026
- —Committee awaits the government's written response and is preparing a report
- —FIU-IND identified undeclared VDA income exceeding ₹888 crore
- —In July 2026 the committee recommended studying the need for a separate VDA law
Why it matters: India remains without legal clarity for crypto: the absence of regulation heightens fraud and capital flight risks, while the market awaits the committee's report.
Source: The Crypto Times
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