India's Upcoming Crypto Policy: Insights and Stakeholder Engagement

Thursday, 25 July 2024, 07:29

India is preparing to unveil its long-awaited crypto policy stance by September 2023. The Economic Affairs Secretary, Ajay Seth, emphasized the importance of stakeholder consultations in shaping the policy. A discussion paper outlining key issues will be shared, allowing stakeholders to provide their insights, which will significantly influence the final policy. The proactive approach to consultation marks a critical step in India’s regulatory framework for cryptocurrencies.
CoinDesk
India's Upcoming Crypto Policy: Insights and Stakeholder Engagement

India's Crypto Policy Development

India is on the brink of releasing its detailed crypto policy stance, with a target date set for September 2023. The Economic Affairs Secretary, Ajay Seth, highlights the pivotal role of engaging relevant stakeholders in this process.

Stakeholder Engagement

As part of the policy-making process, a discussion paper will be published, outlining the key issues surrounding cryptocurrency regulation. Stakeholders will then have the opportunity to provide feedback, enriching the policy framework with diverse perspectives.

Conclusion

This initiative signifies a step towards a more structured and informed approach to crypto regulation in India, promoting transparency and collaboration among stakeholders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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