India’s Crypto Regulatory Paper to be Unveiled in June

India is set to release a key regulatory paper on cryptocurrency, signaling a significant shift in its stance towards the sector. The move comes as crypto markets globally experience growth, fueled by strong global sentiment and pro-crypto policies by governments like the US under Biden. This shift will likely be influenced by the IMF and FSB reports, and could pave the way for public input on India’s approach to regulating the industry.