In a notable moment for India’s crypto ecosystem, on February 9, 2026, AAP MP Raghav Chadha raised strong and forward-looking views on virtual digital assets in Parliament. His remarks brought renewed attention to the long-standing policy gap in India’s crypto landscape, where digital assets are taxed but require a clearly defined regulatory framework. From a growth and innovation perspective, Chadha’s comments reflect an increasing political acknowledgement of crypto’s economic potential and the urgent need for clarity, balance, and structure in the sector.
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Insights from Raghav Chadha’s Speech
- Recognition for Crypto as an Asset Class: Chadha advocated for treating virtual digital assets as a legitimate financial category under Indian law.
- Push for Structured Regulation: He emphasized the importance of a clear regulatory framework supported by licensing, compliance norms, and AML safeguards.
- Protecting Indian Investors: Proper regulation, he noted, would enhance investor confidence and reduce exposure to offshore platforms.
- Economic Upside: According to Chadha, clear crypto regulation could generate Rs. 15,000 – 20,000 crore in annual revenue while keeping innovation within India.
- Regulation over Bans: Chadha stressed that “prohibition is not protection, regulation is not protection,” advocating smart regulation instead of restrictions.
Also Read: Union Budget 2026 Introduces Crypto Reporting Measures
Conclusion
Raghav Chadha’s remarks reflect a progressive and innovation-friendly approach to crypto policy in India, reinforcing the need for clarity, sustainable growth, and a stronger global presence in the digital economy. By drawing attention to gaps in the current tax and regulatory framework, and advocating reforms that encourage trading, investment, and innovation to remain within India, his speech strengthens the case for a more balanced and future-ready policy environment. As crypto adoption continues to rise across the country, such constructive political engagement could play a pivotal role in shaping a well-regulated ecosystem that unlocks the true potential of blockchain and digital assets in the months ahead.
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