neutral
India’s crypto sector pushes for clearer regulation and INR‑backed stablecoin at BFSI Summit
Industry leaders urged the Indian government to fast‑track regulation of virtual digital assets (VDAs) and to introduce an INR‑backed stablecoin to preserve monetary sovereignty. Speakers including executives from CoinDCX, Binance (APAC) and the Bharat Web3 Association emphasised that 18 of the G20 nations already have crypto frameworks. They warned continued policy uncertainty risks pushing talent offshore and cited India’s $1.1 trillion VDA potential by 2032. The call reflects mounting regulatory pressure amid global crypto‑asset evolution.
neutral
India’s crypto sector pushes for clearer regulation and INR‑backed stablecoin at BFSI Summit
Industry leaders urged the Indian government to fast‑track regulation of virtual digital assets (VDAs) and to introduce an INR‑backed stablecoin to preserve monetary sovereignty. Speakers including executives from CoinDCX, Binance (APAC) and the Bharat Web3 Association emphasised that 18 of the G20 nations already have crypto frameworks. They warned continued policy uncertainty risks pushing talent offshore and cited India’s $1.1 trillion VDA potential by 2032. The call reflects mounting regulatory pressure amid global crypto‑asset evolution.
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India’s crypto sector pushes for clearer regulation and INR‑backed stablecoin at BFSI Summit
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At a late‑Oct summit, Indian crypto leaders urged clearer VDA regulation and an INR‑stablecoin, citing $1.1 trillion opportunity and policy risk.
Industry leaders urged the Indian government to fast‑track regulation of virtual digital assets (VDAs) and to introduce an INR‑backed stablecoin to preserve monetary sovereignty. Speakers including executives from CoinDCX, Binance (APAC) and the Bharat Web3 Association emphasised that 18 of the G20 nations already have crypto frameworks. They warned continued policy uncertainty risks pushing talent offshore and cited India’s $1.1 trillion VDA potential by 2032. The call reflects mounting regulatory pressure amid global crypto‑asset evolution.
Industry leaders urged the Indian government to fast‑track regulation of virtual digital assets (VDAs) and to introduce an INR‑backed stablecoin to preserve monetary sovereignty. Speakers including executives from CoinDCX, Binance (APAC) and the Bharat Web3 Association emphasised that 18 of the G20 nations already have crypto frameworks. They warned continued policy uncertainty risks pushing talent offshore and cited India’s $1.1 trillion VDA potential by 2032. The call reflects mounting regulatory pressure amid global crypto‑asset evolution.
Companies:
CoinDCX
Binance
Tags:
crypto
regulation
crypto
regulation
stablecoin
India
cryptocurrency industry