ZebPay
@zebpay
๐ฎ๐ณ ๐๐๐ซ๐ฅ๐ข๐๐ฆ๐๐ง๐ญ ๐๐๐ง๐๐ฅ ๐๐๐ฅ๐ฅ๐ฌ ๐๐จ๐ซ ๐๐ฅ๐๐๐ซ๐๐ซ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐
๐ซ๐๐ฆ๐๐ฐ๐จ๐ซ๐ค
India's Parliamentary Standing Committee on Finance has recommended an interim regulatory framework for crypto through Self-Regulatory Organisations (SROs), while also calling for clearer classification of Virtual Digital Assets (VDAs).
Key recommendations include:
โข SRO-led interim oversight under a designated regulator
โข Clearer classification of VDAs
โข Governance, disclosure, investor protection, and grievance redressal standards through the SRO framework
โข Greater clarity on crypto investment products and tokenised securities
Note: These are recommendations and do not constitute a change in law. They reflect the ongoing policy discussions around India's digital asset ecosystem.