• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, August 1, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

India Reassesses Crypto Policy Amid Global Shifts

3 February 2025
in Crypto, News
Reading Time: 3 mins read
101 8
source: coingape.com

source: coingape.com

India is revisiting its cryptocurrency policy as global sentiment toward digital assets continues to evolve, with countries like the US adopting a more structured regulatory stance.

According to Reuters, the Indian government is reassessing a discussion paper on cryptocurrencies initially set for release in September 2024.

Economic Affairs Secretary Ajay Seth highlighted the borderless nature of digital assets, indicating that India must avoid unilateral actions. This approach reflects the government’s intention to examine international regulatory frameworks before determining its position.

The policy review follows President Trump’s executive order on digital assets, establishing a regulatory framework to promote innovation. Meanwhile, India is adopting a more cautious approach to align with international regulatory standards.

“More than one or two jurisdictions have changed their stance towards cryptocurrency in terms of the usage, their acceptance,”

Seth noted.

“In that stride, we are having a look at the discussion paper once again.”

Despite this reassessment, the Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, did not mention cryptocurrencies directly but introduced stricter tax regulations for cryptocurrency trading, reflecting the government’s cautious stance on the industry.

A Business Today report indicates that a panel led by the Secretary of the Department of Economic Affairs (DEA) in India is set to release a crypto consultation paper by March 2025. This paper aims to collect stakeholder feedback to help create a comprehensive regulatory framework for virtual digital assets (VDAs).

The Reserve Bank of India (RBI) has also expressed concerns about the risks of cryptocurrencies, especially stablecoins, in its 2024 Financial Stability Report. The RBI warned that unregulated digital assets could undermine monetary control, enable capital flight, and divert resources from the real economy. It highlighted stablecoins as a significant concern due to their potential for financial runs. It noted that their issuers hold large amounts of mainstream assets like government securities, which could threaten economic stability.

 

If you want to read more news articles like this one, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and the CoinMarketCap Community.

“Take control of your crypto portfolio with Markets PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: CryptoIndia
Share63Tweet40Share11
Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source: verdict.co.uk
AI

Meta’s $72 Billion AI Investment: A Strategic Shift from the Metaverse to Artificial Intelligence

31 July 2025
source: defi-planet.com
News

South Korea to Roll Out Official Crypto Lending Guidelines in August Amid Investor Risk Concerns

31 July 2025
Polygon Partners with SK Telecom to Accelerate Web3 Adoption
Blockchain

Philippines Launches Blockchain Notarization on Polygon Amid Network Outage

31 July 2025
source: cryptorank.io
Crypto

Corporate Crypto Treasuries Grow as Firms Amass $100B in Digital Assets

31 July 2025

Featured Posts

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

byOlayinka Sodiq
6 July 2025
0

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

byOlajumoke Oyaleke
30 June 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

byOlajumoke Oyaleke
26 June 2025
0

Read More

Chain of Thoughts

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Markets Update

Meta’s $72 Billion AI Investment: A Strategic Shift from the Metaverse to Artificial Intelligence

17 hours ago

Is Web3 Finally Solving Its Risk Problem? A Market Review of DeFi Insurance Models

2 days ago

How Coinshift Is Progressing the Stablecoin Space

2 days ago

Virtual Land Markets in 2025: Price Trends & Utility Breakdown

2 days ago

Your Weekend Crypto Roundup | July 2025 (Week 4)

7 days ago

Your Weekend Crypto Roundup | July 2025 (Week 3)

2 weeks ago
Read More

Events

Rare Evo 2025
Rare Evo 2025
6 Aug 25
Las Vegas
CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Meme Coin ‘$SATOSHI’ Heralding the Return of Satoshi Nakamoto’s Vision Launches First Presale

bychainwire
1 August 2025
0

10 Years of Ethereum : ETH Meme Coin Pepeto Ends Stage 6 With $5.770.000 Raised In Presale

bychainwire
31 July 2025
0

PowerBank and Intellistake Announce Strategic Alliance to Pioneer Digital Currencies, including Bitcoin Treasury Integration and RWA Tokenization

bychainwire
31 July 2025
0

Pepescape Crypto Presale Raises $1M as Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled

bychainwire
30 July 2025
0

Blockchain for Good Alliance Leads Global Digital Cooperation at UN IGF 2025

bychainwire
29 July 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00