India's push for a global crypto tax framework during its G20 presidency faced resistance from several nations. While India advocated for coordinated regulations, including the Crypto-Asset Reporting Framework (CARF), some G20 members opposed mandatory compliance. The United States, for instance, prefers its own crypto tax regulations under the Infrastructure Investment and Jobs Act, potentially bypassing CARF. Other countries, wary of strict global standards, argued for optional frameworks to maintain flexibility. Concerns over regulatory arbitrage and varying economic priorities also fueled resistance. Despite India's efforts, backed by the IMF and FSB, achieving consensus proved challenging, with nations like China and Russia likely prioritizing national interests over a unified approach.