Crypto India Moves Closer to Regulation as Finance Panel Backs Industry SROs

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India’s Parliamentary Standing Committee on Finance has recommended an interim regulatory framework for cryptocurrencies through Self-Regulatory Organisations (SROs) while the government works on a comprehensive crypto law. The recommendation was included in the committee’s 36th Report on the proposed Securities Markets Code, 2025, tabled in Parliament on July 23. Instead of immediately bringing cryptocurrencies under …