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India Crypto PolicyCoinGape
•83% Informative
Discussion paper on cryptocurrency regulations expected before September 2024 .
Move signals potential shift from previous restrictive stance to more inclusive approach.
Economic Affairs Secretary Ajay Seth revealed in an interview that a discussion paper outlining their stance on cryptocurrencies is expected to be released in the third quarter of 2024 .
SEBI has shown openness to allowing private virtual asset trading, recommending multiple regulators oversee crypto trading nationwide in May .
VR Score
81
Informative language
81
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59
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formal
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English
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76
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2
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