An Indian Union Minister has revealed gains from crypto for the second year, sparking debate over regulation in the country. With retail demand surging, MAGACOIN FINANCE enters the discussion as one of the best crypto to buy, especially as interest rises in India.
Union Minister of State for Skill Development & Entrepreneurship, Jayant Chaudhary, disclosed that his crypto portfolio rose 19% to $25,500 this year. His spouse, Charu Singh, also declared an 18% rise to $26,800. This marks the second year in a row that cabinet members have confirmed owning digital assets, even as India’s policy remains stuck.
Chaudhary’s assets climbed from $21,400 in June 2024, while Singh’s grew from $22,700. Both reported the assets as “personal savings” without naming the tokens they hold.
The disclosure highlights India’s crypto paradox. The country ranks first on the Chainalysis Global Adoption Index 2025, yet regulators are still reluctant to pass full legislation. The Reserve Bank of India (RBI) has warned that rules may give crypto too much legitimacy.
Meanwhile, the government continues to tax gains at 30% with no exemptions, plus a 1% TDS on every trade. A Mudrex survey shows 93% of Indians favor regulation, while 84% see current taxation as unfair. Analysts say this uncertainty risks pushing crypto talent and capital outside India.
A CoinSwitch report covering 20 million users in Q2 2025 found Bitcoin is the top choice in India, with around 6.50% investor interest. Analysts like Standard Chartered and Bitwise see Bitcoin reaching $200,000 by end-2025. They cite institutional demand, ETF inflows, and tighter supply after the halving.
Dogecoin closely follows Bitcoin with 6.49% interest, while Ethereum sits third at 5.20%. Standard Chartered raised its ETH target to $7,500 in 2025, while analysts expect DOGE could break higher if sentiment remains strong. Meme coins also remain popular, making up 13.2% of Indian portfolios, with Shiba Inu and PEPE among the top names.
MAGACOIN FINANCE is quickly being talked about in India as an altcoin worth watching. It combines meme coin energy with real DeFi use cases, and its fundamentals make it a safer pick compared to many hype-only projects. With thousands already involved and listings expected soon, retail investors are showing clear interest.
Why MAGACOIN FINANCE is among the best crypto to buy:
This mix of credibility and excitement is creating a sense of FOMO as traders rotate capital from larger assets into rising altcoins like MAGACOIN.
India’s regulatory limbo hasn’t stopped crypto adoption, and with ministers themselves disclosing holdings, the market only looks more alive. For traders, the key is to balance established names like Bitcoin and Ethereum with fresh altcoins gaining traction.
MAGACOIN FINANCE is one of those coins to explore now. Visit their website, join the community on Telegram, and follow on X before the next listings arrive:
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
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