Article
India considers dedicated regulation for cryptocurrencies
A parliamentary finance committee is calling for a brand-new framework to close critical gaps in digital asset oversight.
India's current securities markets code leaves many cryptocurrencies outside regulatory oversight. This creates 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 this dedicated regulation, questions remain about whether strict compliance rules might push developers and capital overseas.
