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India considers dedicated crypto regulation to close oversight gaps
A parliamentary finance committee is calling for a brand-new regulatory framework to address growing blind spots in digital assets.
India's current securities markets framework leaves many cryptocurrencies outside regulatory oversight, creating a critical gap in consumer protection and financial oversight for digital assets. To address these growing blind spots, the parliamentary finance committee is now calling for a brand-new, dedicated regulatory framework. As the country moves toward dedicated crypto regulation, a key question remains regarding whether strict compliance rules could potentially push developers and capital overseas.
