India Reassesses Cryptocurrency Regulations: In light of global shifts towards more crypto-friendly policies, particularly following U.S. President Donald Trump's recent announcements, India is re-evaluating its stringent stance on cryptocurrencies. Economic Affairs Secretary Ajay Seth emphasized that India's approach cannot be unilateral, acknowledging the borderless nature of crypto assets. This reassessment may delay the release of a previously expected discussion paper outlining India's regulatory position on cryptocurrencies. Despite strict regulations and high trading taxes, India has led global cryptocurrency adoption for two consecutive years, highlighting the significance of this policy review.