NEWS 😲😲

🇮🇳 India’s Crypto Regulation: A Cautious, Partial Oversight Strategy

India is not introducing full crypto legislation yet—instead, it is taking a measured approach with partial oversight of the digital asset market. The government is concerned that full regulation may imply legitimacy and expose the financial system to broader systemic risks. Although cryptocurrencies are allowed as Virtual Digital Assets (VDAs), India still avoids granting them full legal status as recognized financial instruments