COINS Act proposes crypto rights and clearer rules in India

Web3 investment firm Hashed Emergent and policy advisory group Black Dot unveiled the COINS Act, a model law aimed at clarifying India’s crypto regulations, according to Cointelegraph. The proposal outlines rights like self-custody, protocol access and financial privacy, while addressing issues such as high taxes, unclear rules and lack of oversight. It recommends creating a dedicated regulator and a national Bitcoin reserve seeded from seized assets. Though non-binding, the framework seeks to make India a more attractive hub for crypto builders and users.