Regulation
India to release crypto policy discussion paper before September, says Ajay Seth
India plans to release a discussion paper outlining its policy stance on cryptocurrencies before September, according to Economic Affairs Secretary Ajay Seth
India plans to release a discussion paper outlining its policy stance on cryptocurrencies before September, according to Economic Affairs Secretary Ajay Seth.
The government has set up an inter-ministerial group to review and publish the consultation paper on cryptocurrency regulation.
The move comes nearly 10 months after Finance Ministry official Ajay Seth said India would decide its stance on cryptocurrencies “in the coming months.”
The Web3 sector is evolving rapidly and the government intends to address this dynamic sector through the upcoming document.
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