India Reexamines Virtual Digital Asset Framework, Focusing on Regulation & Protection

India’s Virtual Digital Asset (VDA) framework is undergoing a comprehensive review, signaling the country’s intention to navigate the digital asset landscape while ensuring stability and investor protection. Sources indicate that new regulations could include licensing for crypto platforms, enhanced protections for investors, and clearer rules surrounding stablecoins. This review reflects India’s commitment to striking a balance between fostering innovation in the digital asset space and mitigating potential risks.