India is reconsidering its cryptocurrency regulations as global policies evolve, according to Economic Affairs Secretary Ajay Seth. Officials are reportedly revisiting a key discussion paper that could lead to a shift in the country's crypto stance. This change comes amid a broader global trend, particularly influenced by recent developments in the United States, including former President Donald Trump's pro-Bitcoin executive order and discussions regarding Bitcoin as a strategic reserve asset. The Indian government aims to align its regulations on crypto exchanges and trading with international standards, addressing concerns that have persisted for years. Additionally, investors are closely watching the implications of the 2025 Budget, particularly regarding potential tax reliefs or policy changes affecting the current 30% tax on cryptocurrency gains.