Digital Gold May Come Under RBI-SEBI Oversight; Physical Gold Backing Proposed
Reports suggest the government is considering tighter rules for digital gold, including mandatory physical bullion backing for every unit and possible joint oversight by RBI and SEBI. The digital gold segment in India is estimated to manage around $3 billion in assets, with an average ticket size of ₹100. The discussions come amid concerns around investor protection, regulatory gaps and unregulated players. If implemented, the proposed framework could bring greater regulatory oversight and standardisation to a rapidly growing segment.
Attribution
This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.
Read on Business Today
