According to @jayantramanand, Raghav Chadha has proposed the regulation of crypto assets and Real World Assets (RWA) in the Indian parliament. The current approach of taxing virtual digital assets (VDAs) at high rates without providing legal recognition has driven significant trading volume and crypto startups offshore. Chadha emphasizes that a clear regulatory framework with AML measures could attract activity back onshore, protect investors, and generate substantial tax revenue for India. This move could redefine India's stance on cryptocurrencies.