According to Sumit Gupta (CoinDCX), recent statements shared via Twitter underscore India’s ongoing efforts to clarify its cryptocurrency regulatory framework. Gupta points out that the Indian government is actively engaging with industry stakeholders to implement clear tax policies and legal guidelines, which could reduce market uncertainty and positively influence trading volumes and institutional participation. These regulatory advances are likely to attract both local and global crypto investors, increasing liquidity on Indian exchanges and impacting global crypto price movements. Traders should monitor further policy updates as they may create short-term volatility and new entry opportunities in the Indian crypto market (Source: https://twitter.com/smtgpt/status/1920759258485760325).