India: Finance Committee Urges Crypto Regulatory Framework
India's Parliamentary Standing Committee on Finance demands statutory cryptocurrency regulatory framework and interim SRO under RBI or SEBI oversight for investor protection.
SourceAnalysis
India's Parliamentary Standing Committee on Finance urged the government to establish a statutory regulatory framework for cryptocurrency, calling for a dedicated legal structure covering VDAs plus an interim Self-Regulatory Organization that would operate under RBI or SEBI oversight to strengthen investor protection and cut legal uncertainty.
cryptocurrency regulation
investor protection
India finance committee
statutory framework
RBI SEBI oversight
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.