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๐Ÿ‡ฎ๐Ÿ‡ณ ๐๐š๐ซ๐ฅ๐ข๐š๐ฆ๐ž๐ง๐ญ ๐๐š๐ง๐ž๐ฅ ๐‚๐š๐ฅ๐ฅ๐ฌ ๐Ÿ๐จ๐ซ ๐‚๐ฅ๐ž๐š๐ซ๐ž๐ซ ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ ๐…๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐ค India's Parliamentary Standing Committee on Finance has recommended an interim regulatory framework for crypto through Self-Regulatory Organisations (SROs), while also calling for clearer classification of Virtual Digital Assets (VDAs). Key recommendations include: โ€ข SRO-led interim oversight under a designated regulator โ€ข Clearer classification of VDAs โ€ข Governance, disclosure, investor protection, and grievance redressal standards through the SRO framework โ€ข Greater clarity on crypto investment products and tokenised securities Note: These are recommendations and do not constitute a change in law. They reflect the ongoing policy discussions around India's digital asset ecosystem.
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