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CoinSwitch launches blockchain-based tax reporting tool to simplify investor compliance in India

CoinSwitch unveiled a blockchain-driven tax tool that automates transaction summaries, boosting investor transparency and regulatory compliance amid evolving crypto legislation in India.
Crypto exchange CoinSwitch introduced a new blockchain-integrated tax reporting feature that allows investors to automatically generate compliance-ready summaries for all transactions. The tool consolidates trades across wallets and provides capital gain computations aligned with Indian tax norms. Executives said the feature supports growing regulatory expectations and investor transparency. Analysts believe it could encourage compliant participation in digital assets. The launch positions CoinSwitch competitively among local exchanges emphasizing investor protection ahead of upcoming crypto legislation in Parliament.