it seems that now the system has gotten a little worse. I read that there will be an anti-money laundering law and that many will have to declare their cryptocurrencies to the state. Now I don't know if it is a law that can be applied but many say it is right, I'm not really convinced
Can you share the link to the article where you read that Indians must declare crypto assets to the state? I have not seen anything related to such a law in mainstream media articles. I also believe in a country like India which is number one populated such a law can work and with a few tricks all crypto assets can be hidden from the government.
here I was looking for the news, it's not really an article but I read it here:
https://iclg.com/practice-areas/anti-money-laundering-laws-and-regulations/india, now I don't know if it's right but I believe that in India, as you say, it is easy to circumvent the law