According to @smtgpt, he recently met with Paul Grewal and learned how Grewal's team crafts regulatory strategy and actively shapes US crypto policy, source: https://twitter.com/smtgpt/status/1978453046293111125. He added that his team looks forward to building on those learnings in India, source: https://twitter.com/smtgpt/status/1978453046293111125. The post did not disclose any specific policy changes, timelines, or product announcements, source: https://twitter.com/smtgpt/status/1978453046293111125.

According to Sumit Gupta (CoinDCX) on Twitter, India is set to release its highly anticipated discussion paper on cryptocurrency in June 2025. The paper is expected to outline key risks in the sector and invite public commentary, rather than providing immediate regulatory commitments (source: @smtgpt, May 30, 2025). For traders, this signals continued regulatory uncertainty in the Indian crypto market, potentially resulting in short-term volatility for major cryptocurrencies with Indian exposure. Market participants should monitor the release closely as public feedback on policy could impact trading sentiment and liquidity for both domestic and international crypto platforms.