Virtual digital assets: it’s time for India to get its regulatory act together—investors need protection
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Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
The country has seen a massive uptake of crypto offerings, but scandals have been rife and all we have is ad hoc rule enforcement. Patchy Indian regulation must give way to a dedicated regime focused on investor protection.
Key Facts
Type Legislation
Source Livemint - Opinion
Published Wednesday, 17 June 2026
Affected Population ~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right