Gujarat National Law University Report Urges Clear Crypto Regulation in India

TheNewsCrypto2026-03-11 tarihinde yayınlandı2026-03-11 tarihinde güncellendi

Özet

A recent report from Gujarat National Law University, produced with the Society of Indian Law Firms, urges India to establish a clear regulatory framework for crypto-assets. It highlights that approximately 120 million Indians are already using cryptocurrencies despite the absence of comprehensive regulation. The report argues that the current regulatory gap has negatively impacted capital flows, industry growth, and innovation. It proposes a multi-agency regulatory model rather than oversight by a single body, given the cross-disciplinary nature of crypto involving markets and payments. The recommended approach emphasizes institutional coordination to enhance consumer protection, address illicit finance, and support blockchain innovation.

A recent project research from Gujarat National Law University advises India to create a clear crypto-asset regulatory framework, proposes a systematic framework for regulation, and provides a thorough analysis of India’s actual stance on crypto-assets.

The project report, titled “Crypto-Assets in India: Assessing the Case for Regulation.” Which was prepared in association with the Society of Indian Law Firms. Meanwhile, the Senior judges, prominent lawyers, policy experts, and leaders of the digital asset sector convened at the launch event to discuss the future direction of crypto regulation in India.

Rising Crypto Adoption in India

The report highlights the extent of cryptocurrency acceptance in India, according to Prof. S. Shanthakumar, Director of Gujarat National Law University, nearly 12 crore Indians are already using crypto assets despite the absence of a comprehensive regulatory framework. He added, “The report ultimately presents five possible regulatory models, leaving policymakers with practical options to consider while shaping India’s approach to crypto regulation.”

Many major economies have implemented explicit crypto-asset laws informed by comparative regulatory models and global policy trends. India established measures and extended anti-money laundering obligations to crypto, but its lack of a clear, comprehensive crypto framework has affected capital flows, industry development, and innovation, as per the report.

Report Calls for Balanced Crypto Regulation

Meanwhile, Kalyanjit Hatibaruah, Web3 Technology Management Consultant, shared an AI video on LinkedIn that summarized the report. Which pointed out that the report concludes that since the crypto industry combines a variety of domains, including markets and payments, it cannot be regulated by a single body. Following consultations with senior officials and authorities, the report suggests a multi-agency regulatory model.

The report finally calls for a calibrated regulatory approach that includes institutional control and cooperation between different authorities, because it says that could improve consumer protection, address issues with illicit finance stability, and promote the overall growth of blockchain-based innovation.

Highlighted Crypto News Today:

Filecoin (FIL) Slides 8%: Can Support Hold or Will Bears Push the Price Below $5?

İlgili Sorular

QWhat is the main recommendation of the Gujarat National Law University report regarding crypto-assets in India?

AThe report recommends that India create a clear and comprehensive regulatory framework for crypto-assets.

QHow many Indians are estimated to be using crypto assets according to Prof. S. Shanthakumar?

ANearly 12 crore (120 million) Indians are estimated to be using crypto assets.

QWhat type of regulatory model does the report suggest for the crypto industry and why?

AThe report suggests a multi-agency regulatory model because the crypto industry combines various domains like markets and payments, making it impossible for a single body to regulate effectively.

QWhat are some of the negative impacts of India's lack of a clear crypto framework mentioned in the report?

AThe lack of a clear framework has negatively affected capital flows, industry development, and innovation in India.

QWhat key benefits does the report say a calibrated regulatory approach could provide?

AA calibrated regulatory approach could improve consumer protection, address issues with illicit finance stability, and promote the overall growth of blockchain-based innovation.

İlgili Okumalar

Explosive Growth in Trading Volumes of 15 Altcoins Observed in South Korea!

Major South Korean cryptocurrency exchanges Upbit and Bithumb have reported a significant surge in trading volumes for several altcoins. Over the past 24 hours, the total trading volume for the most popular altcoins reached approximately $347.7 million. MetaDAO (META) led the rankings with a trading volume of $65.84 million on Upbit alone, accounting for 12.39% of the exchange's total spot volume. Euler (EUL) followed in second place with a total volume of $47.65 million across both exchanges. XRP, which consistently attracts substantial interest from Korean investors, achieved a total volume of $38.11 million. Other notable altcoins in the top 15 by trading volume include ThunderCore (TT) at $35.64 million, Babylon (BABY) at $25.15 million, and Shiba Inu (SHIB) at $10.55 million.

cryptonews.ru1 saat önce

Explosive Growth in Trading Volumes of 15 Altcoins Observed in South Korea!

cryptonews.ru1 saat önce

Donald Trump's Company Sold Another Large Batch of Bitcoins!

Donald Trump's company, Trump Media & Technology Group, reportedly transferred another large batch of Bitcoin to the CryptoCom exchange. Blockchain analysis indicates that addresses linked to Trump Media moved approximately 2,628 BTC (worth around $165 million) to the exchange. Prior reports suggested the company had acquired a total of 11,542 BTC at an average price of $118,500. It is claimed that by 2026, about 7,281 BTC had been withdrawn from these addresses, with approximately 4,261 BTC still held on them. The total realized and unrealized losses from Trump Media's Bitcoin investments are estimated to be roughly $555 million. It is important to note that sending Bitcoin to an exchange does not definitively mean the assets were sold. Such transfers could also be for custody, liquidity management, or other financial operations. However, movements from cold wallets to centralized exchanges are commonly viewed as potential sales activity.

cryptonews.ru3 saat önce

Donald Trump's Company Sold Another Large Batch of Bitcoins!

cryptonews.ru3 saat önce

Parker Lewis Explains Why Bitcoin Remains the Best Money

Bitcoin analyst Parker Lewis criticized companies promoting themselves as "crypto treasuries" for selling perpetual preferred stock, calling it a distortion of Bitcoin's essence. He argues Bitcoin has no inherent yield, and promises of dividends from such corporate derivatives are risky, often relying on new investor inflows. Lewis highlighted the vast discrepancy between the $300 trillion global credit market and the $1 trillion perpetual preferred stock market, suggesting these instruments shift indefinite risks to retail investors. He also refuted the notion that Bitcoin is "too volatile," stating volatility is a natural mathematical outcome of a fixed-supply asset gaining mass adoption, as new users must bid higher to acquire it. Instead of buying shares of companies like MicroStrategy, Lewis advises direct Bitcoin ownership as safer. The focus on corporate derivatives distracts from the primary threat of fiat currency devaluation. Citing his informal "Ribeye Index," Lewis notes a steep rise in steak prices, indicating real inflation far exceeding official CPI figures. In conclusion, the most prudent strategy against inflation is direct ownership and self-custody of Bitcoin. Chasing corporate yield through crypto treasury stocks multiplies systemic risks, while understanding decentralized money protects savings from macroeconomic turmoil.

cryptonews.ru3 saat önce

Parker Lewis Explains Why Bitcoin Remains the Best Money

cryptonews.ru3 saat önce

Why Bitcoin Holds Above $64,000 After Fed's Hard Pause

**Bitcoin Stabilizes Near $64,000 Following Hawkish Fed Pause** The cryptocurrency market, led by Bitcoin, remained stable around $64,000 despite a volatile reaction to the latest U.S. Federal Reserve meeting. The Fed paused interest rates but signaled a hawkish stance, with three committee members voting for an increase—the highest dissent since 2016. This limits risk appetite but hasn't triggered panic selling. Key market highlights include Bitcoin ETFs seeing a net inflow of $32.1 million, breaking a streak of outflows, while Ethereum ETFs experienced outflows of $18.65 million. Liquidations affected about 90,000 traders. Technically, Bitcoin finds support around $63,000-$63,500, with major resistance near $66,000. While its price is about 49% below its all-time high, institutional demand via ETFs and the absence of mass capitulation support a potential recovery scenario in the second half of the year. Major altcoins showed mixed movements, with Solana attracting capital while Ethereum faced selling pressure despite strong on-chain metrics like a growing staking queue. Regulatory news took a pause as the U.S. Senate delayed the CLARITY Act vote until at least autumn. For the final trading day of July, U.S. inflation and consumer spending data will be crucial. Bitcoin's key levels to watch are $63,000 support and $66,000 resistance. Sustained ETF inflows and Bitcoin holding above $63,000 are seen as positive signs for a potential market recovery later in the year.

cryptonews.ru3 saat önce

Why Bitcoin Holds Above $64,000 After Fed's Hard Pause

cryptonews.ru3 saat önce

ARK Invest's Cathie Wood Buys 109,129 Circle Shares Worth $6.83 Million

ARK Invest, led by Cathie Wood, purchased approximately 109,129 shares of Circle for nearly $6.83 million across three of its ETFs: ARK Innovation, ARK Next Generation Internet, and ARK Fintech Innovation. This investment followed Circle's recent receipt of a trust charter license from the New York Department of Financial Services for its subsidiary, Circle New York Trust, which CEO Jeremy Allaire described as a long-term company goal. Despite this regulatory approval, Circle's stock (CRCL) fell 2.54% to $62.61 on July 31, as investors may not have viewed the license as a catalyst for growth. In the same period, ARK Invest also bought shares in Tesla, SpaceX, and Nvidia worth about $40.2 million amid a broader tech sell-off, while reducing its holdings in companies like Shopify, Cloudflare, and CrowdStrike.

cryptonews.ru3 saat önce

ARK Invest's Cathie Wood Buys 109,129 Circle Shares Worth $6.83 Million

cryptonews.ru3 saat önce

İşlemler

Spot