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Pushpendra Singh, crypto educator and blockchain enthusiast, reports that India has sent out over 44,000 tax notices to crypto investors and uncovered more than $104 million (₹888 Crore) in previously undisclosed crypto income.
According to Singh, the Indian government is now cross-checking investor filings with transaction data directly submitted by crypto exchanges.
Singh has previously reported market volatility, noting that Bitcoin dropped under $60,000 for the first time since October 2024. Earlier this year, he covered the Reserve Bank of India's move to sell $12 billion of gold in May 2026 to support forex reserves. These posts highlight ongoing shifts tracked by Singh across crypto and traditional finance.