India set to release key crypto discussion paper soon

India is in the final stages of preparing a detailed discussion paper that will lay the foundation for future policy decisions on crypto assets, sources told Business Today TV.

Sources aware of the development confirmed that the paper is almost ready and will be released shortly for public feedback. It will present regulatory options and explore global best practices, drawing significantly from the synthesis paper jointly developed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB).

“The discussion paper on virtual digital assets is being given finishing touches,” said a senior official involved in the process. “Once out, it will invite stakeholder inputs to help shape India’s broader regulatory…

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