No Crypto Ban in India: Digital Assets to be Regulated Under SEBI
The future of cryptocurrency in India is becoming clearer: a complete ban is unlikely. Instead, digital assets are set to be regulated under SEBI (Securities and Exchange Board of India). This marks a significant shift towards acceptance and structured oversight of the crypto market in India.
India's Regulatory Approach to Cryptocurrency
The Indian government is working to regulate cryptocurrencies, ensuring the asset class is not accepted as legal tender. According to a cabinet note reported by NDTV, Bitcoin and other crypto-assets will not be recognized as currencies for payments in India. This signals a desire to control crypto use within the country while still allowing for investment opportunities.
SEBI to Oversee Crypto Regulation
India's market watchdog has recommended that several regulators oversee trade in cryptocurrencies, documents show, the strongest signal to date that at least some Indian crypto investors will reportedly be given a specific time frame to declare their crypto holdings and hold their assets on crypto exchanges regulated by SEBI. This suggests a structured approach where SEBI plays a central role in ensuring transparency and investor protection within the crypto ecosystem.
What This Means for Indian Crypto Investors
Indian investors will have to move their assets to exchanges that comply with the new regulations. Indian crypto investors will reportedly be given a specific time frame to declare their crypto holdings and hold their assets on crypto exchanges regulated by SEBI. This will likely involve a period of transition as investors adapt to the new framework.
Multi-Regulator Framework and the Role of RBI and Ministry of Finance
While SEBI is expected to take the lead, other institutions will also be involved. RBI (Reserve Bank of India), SEBI (Securities and Exchange Board of India), and the Ministry of Finance control and regulate cryptocurrency in India. By 2025, the Securities and Exchange Board of India (SEBI) proposed a multi-regulator framework for overseeing cryptocurrency activities, indicating a shift towards a more collaborative approach to cryptocurrency governance.
Looking Ahead: A Regulated Crypto Future
The move towards regulation suggests that the Indian government is seeking to harness the potential of cryptocurrencies while mitigating risks. Legal Status: Cryptocurrencies are not 9 de sept. de 2025. As the regulatory landscape evolves, staying informed will be crucial for investors navigating the Indian crypto market. The likely outcome isn't a ban, but a future where digital assets operate within a clearly defined legal and regulatory framework under SEBI's supervision.