India to Release Crypto Regulation Discussion Paper in June 2025

India is preparing to release a discussion paper on cryptocurrency regulation in June 2025, aiming to address the increasing prominence of digital assets amidst global trends. The paper, expected to outline potential policy options for regulating crypto assets, will be shaped by the International Monetary Fund (IMF) and Financial Stability Board (FSB) synthesis paper, seeking public feedback on global best practices. Public comments will follow a formal submission process within the coming month.