Key Highlights
- After a turbulent 2025, CoinDCX sees Q1 2026 as a launchpad for new products and stablecoin integrations.
- Sumit Gupta expects US regulatory clarity, including the CLARITY Act, as the global catalyst for 2026.
- Sumit Gupta says India’s crypto industry hopes for tax relief and clearer rules in the 2026 Union Budget.
As the global crypto market recalibrates for 2026, Sumit Gupta, Co-Founder of CoinDCX, is signaling a shift from survival to expansion.
Reflecting on 2025 during a recent appearance on CNBC TV18, he described it as a year marked by volatility and operational challenges, but also stated the industry has emerged with a more durable infrastructure. “2025 was a very volatile year for the sector…we’ve had some setbacks, but here we are standing very strong, better than before,” he said.
Gupta also added that CoinDCX has developed several new products scheduled for launch in the first quarter of 2026, signaling a busy year ahead.
Looking at global trends and regulations
Gupta’s optimism is anchored in a specific legislative milestone: the Digital Asset Market CLARITY Act. While the bill passed the US House in late 2025, it is facing critical committee markups in January 2026.
He said that the industry is seeing active consultations, and founders of crypto businesses in the US expect significant momentum next year.
Speaking about global trends, Gupta also highlighted tokenization as the defining theme of 2026. No longer a buzzword, the “on-chain” movement is seeing traditional financial products, from treasury bills to real estate, being issued as digital tokens.
He said that “tokenization is a big theme…we see more and more adoption happening in stablecoins and crypto in general in 2026, not just in the US but many other countries also.” These developments are helping modernize traditional financial products and expand blockchain adoption worldwide.
Moreover, CoinDCX is also reportedly testing new products in the RWA (Real World Asset) space, aiming to provide Indian investors with fractional access to global yields via stablecoins. Gupta asserted that overall tokenized assets, physical assets, and more use cases for blockchain assets are expected to gain momentum in 2026, bringing hope to the crypto sector.
India’s focus on the budget and what it could mean for crypto
In India, however, the crypto industry is watching the upcoming Union Budget closely. Gupta expressed hope for some relief on taxation policies and greater parity between domestic and offshore trading platforms. He said that “there are a lot of asks that the industry has…hoping to see more clarity around the sector as well, which has been ignored for the last three to four years.”
For four years, the Indian government has maintained a flat 30% tax on gains and a 1% Tax Deducted at Source (TDS). Before the Union Budget that is scheduled to be unveiled in February 2026, the crypto exchanges are again emphasizing the need for a supportive tax regime as a means of facilitating the growth of the crypto market in the country.
If the Union Budget delivers even a minor tax reprieve, 2026 could be the year when India’s status as a global leader in crypto adoption finally translates into a thriving, regulated domestic market.
Also Read: Indian Agencies Warn of Crypto Hawala Network Operating in J&K
