No Summary provided as the original text is short
- DeFi (decentralized finance): Blockchain-based financial services without intermediaries, enabling peer-to-peer transactions through smart contracts.
- Private wallet: A cryptocurrency storage tool in which only the owner holds the private keys, making transactions harder to track.
- 30% tax regime: India’s policy imposing a 30% tax on crypto gains, with an additional 1% tax withheld on all transfers.