Pushpendra Singh: India moves forward on crypto regulation with SRO recommendation

Pushpendra Singh: India moves forward on crypto regulation with SRO recommendation
India pushes SRO oversight for crypto

Pushpendra Singh, crypto educator and blockchain enthusiast, reports that India’s Parliamentary Finance Committee has recommended regulating crypto through self-regulatory organisations until comprehensive legislation is in place.

This marks a significant step in India’s approach to crypto regulation, aiming to provide oversight and guidance while lawmakers work on a long-term legal framework.

Singh has previously tracked market trends such as a 9 percent premium for USDT over the official USD to INR rate, citing supply shortages and demand. He has also highlighted industry proposals urging Indian authorities to consider slab-based tax reforms and lower TDS on crypto transactions. These developments reflect ongoing efforts to address regulatory and taxation challenges in India’s crypto sector.

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