@chinmay-ashok Namaste
1. Till you become a Resident for Tax purposes i.e. pass the Substantial Presence Test--SPT-- ( and be taxed on your world income ), you can keep all Non-US sourced income out of US taxation. Once you become a "Resident for Tax Purposes", you have to report and be taxed on your world income -- at that point whether the Crypto or any other assets are held in the US or elsewhere are all taxable to the US. Thus if you dispose off your assets and incur a gain/loss before passing the SPT, it is not a tax event for the US. On the other hand your home country ( India?) may tax these gains/losses. Also note that unlike India , US does not have an indexing regime for the asset-- thus the gain with respect to the original basis is taxable income.
2. While it may be easier to deal with assets that are locally reported/ controlled, all depends on your longer term plans -- if you expect to go back to your home country ( India?) then why change things -- taxwise there is no benefit from a US perspective.
I hope I am not missing your point. Is there more i can do for you ?
Namaste
pk
