🇮🇳 India to Release Crypto Discussion Paper in July.
Here’s what you need to know:
→ Focus is on stablecoins and how they can reduce remittance costs
→ No policy decisions yet — final rules will take time (2–3 more versions expected)
→ The RBI is cautious, but SEBI is open to crypto with separate regulators
→ Inspired by US & G20 frameworks
This paper could set the stage for long-term crypto policy