Baskin Logic Crypto Academy

Laws Hub · Start here

Start here: crypto law in 10 short lessons

Read in order. Each lesson takes about a minute.

Last checked · India first, then the US

  1. Lesson 1: Why crypto rules exist

    Governments regulate crypto to protect savers, stop crime and collect tax.

  2. Lesson 2: Who makes the rules in India

    Parliament passes laws, the Ministry of Finance sets tax, RBI covers money and banks, SEBI covers securities, and FIU-IND covers anti-money-laundering.

  3. Lesson 3: Who makes the rules in the US

    Congress passes laws. The SEC, CFTC, Treasury, IRS and states each cover a part.

  4. Lesson 4: Is crypto legal in India?

    Owning and trading are not banned. Gains are taxed and platforms must register with FIU-IND.

  5. Lesson 5: Is crypto legal in the US?

    Yes, with tax and licensing rules. States can add their own licences.

  6. Lesson 6: India's crypto tax

    30% on gains, 4% cess, no loss set-off, 1% TDS.

  7. Lesson 7: US crypto tax

    Property rules: gains, losses and income, reported on Form 8949.

  8. Lesson 8: Stablecoins and the GENIUS Act

    The US passed a stablecoin law in July 2025.

  9. Lesson 9: Spotting scams

    Guaranteed returns and pressure are the main signs.

  10. Lesson 10: Following the rules over time

    Use this hub, the timeline and the weekly email.