{"id":41508,"date":"2026-07-24T10:35:52","date_gmt":"2026-07-24T10:35:52","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=41508"},"modified":"2026-07-24T10:35:56","modified_gmt":"2026-07-24T10:35:56","slug":"new-vda-regulatory-push-what-indias-parliamentary-panel-proposed","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/new-vda-regulatory-push-what-indias-parliamentary-panel-proposed","title":{"rendered":"New VDA Regulatory Push: What India\u2019s Parliamentary Panel Proposed"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/new-vda-regulatory-push-what-indias-parliamentary-panel-proposed\/#Highlights_of_the_Committees_Recommendations\" >Highlights of the Committee\u2019s Recommendations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/new-vda-regulatory-push-what-indias-parliamentary-panel-proposed\/#What_Could_This_Mean_for_Indias_Crypto_Ecosystem\" >What Could This Mean for India\u2019s Crypto Ecosystem?<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\">India\u2019s regulatory landscape for virtual digital assets (VDAs) could be moving towards greater regulatory clarity. In its 36th report on the Securities Markets Code, 2025, the Parliamentary Standing Committee on Finance has proposed an interim regulatory structure for the VDA sector until a dedicated law is introduced. Although these regulations aren\u2019t legally binding, they offer an indication of the direction policymakers may take as India continues to shape its approach to <a href=\"https:\/\/zebpay.com\/in\/blog\/crypto-regulations-in-india\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>crypto regulation<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Highlights_of_the_Committees_Recommendations\"><\/span><strong>Highlights of the Committee\u2019s Recommendations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Establish an interim regulatory framework through recognized self-regulatory organizations (SROs) until dedicated VDA legislation is introduced.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bring SROs under the supervision of a designated regulator to ensure effective oversight and accountability.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Introduce clearer legal classifications for VDAs, recognizing that different digital assets may have characteristics similar to securities, derivatives, or other asset classes.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Clarify the regulatory treatment of <a href=\"https:\/\/zebpay.com\/in\/blog\/crypto-investing-explained\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>crypto investment<\/strong><\/a> products and tokenized securities under the suggested Securities Markets Code.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Include enabling provisions, within the Securities Markets Code, to accommodate emerging tokenized financial products as the digital ecosystem evolves.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bridge the current regulatory gap by creating a structured mechanism that supports innovation while strengthening investor protection and market integrity.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/maharashtra-plans-blockchain-framework-for-land-tokenisation\" target=\"_blank\" rel=\"noreferrer noopener\">Maharashtra Plans Blockchain Framework for Land Tokenisation<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Could_This_Mean_for_Indias_Crypto_Ecosystem\"><\/span><strong>What Could This Mean for India\u2019s Crypto Ecosystem?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The committee\u2019s recommendations don\u2019t introduce regulations immediately, but they indicate a growing emphasis on developing a structured regulatory framework for the VDA sector. Instead of focusing on restrictive measures, the report advocates a phased approach that balances innovation with necessary regulatory oversight. Should the government choose to adopt these recommendations, they could pave the way for greater clarity around the regulation of <a href=\"https:\/\/zebpay.com\/in\/blog\/top-10-crypto-exchanges-in-india-for-2026\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>crypto exchanges<\/strong><\/a>, tokenised assets, and digital investment products. While these recommendations are advisory and require government approval before any policy changes take effect, they underscore the increasing focus on building a transparent, structured, and future-ready regulatory mechanism for India&#8217;s growing VDA ecosystem.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Keep yourself ahead of the crypto curve with <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay blogs<\/strong><\/a>. Click the button below and join 6 million+ users who trust <a href=\"https:\/\/zebpay.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay<\/strong><\/a> for their trading needs!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s regulatory landscape for virtual digital assets (VDAs) could be moving towards greater regulatory clarity. In its 36th report on the Securities Markets Code, 2025, the Parliamentary Standing Committee on Finance has proposed an interim regulatory structure for the VDA sector until a dedicated law is introduced. Although these regulations aren\u2019t legally binding, they offer [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":41509,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"_ayudawp_aiss_exclude_summary":false,"_ayudawp_aiss_summary":"","_ayudawp_aiss_summary_provider":"","_ayudawp_aiss_summary_hash":"","footnotes":""},"categories":[303],"tags":[79,16,687],"class_list":["post-41508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-blockchain","tag-crypto","tag-virtual-digital-assets"],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/41508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=41508"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/41508\/revisions"}],"predecessor-version":[{"id":41511,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/41508\/revisions\/41511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/41509"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=41508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=41508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=41508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}