Gujarat National Law University Report Urges Clear Crypto Regulation in India

TheNewsCryptoОпубліковано о 2026-03-11Востаннє оновлено о 2026-03-11

Анотація

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?

Пов'язані питання

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.

Пов'язані матеріали

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.ru12 хв тому

Parker Lewis Explains Why Bitcoin Remains the Best Money

cryptonews.ru12 хв тому

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.ru12 хв тому

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

cryptonews.ru12 хв тому

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.ru13 хв тому

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

cryptonews.ru13 хв тому

Participants in XRP Fraud Scheme That Stole $9 Million from 71 Investors Arrested

South Korean police have arrested three individuals accused of operating a fraudulent investment platform that stole approximately 3.4 million XRP (worth about $9 million) from 71 investors between October 16 and 23. The suspects promoted the site Fxrpntwork.com through blogs, online articles, and YouTube videos, promising guaranteed principal and monthly returns of 1.5% to 1.8%. Investors were instructed to transfer XRP from Korean exchanges to overseas platforms and then to wallets controlled by the group before the site was shut down. The scammers copied the branding of legitimate projects Flare Network and FXRP to appear credible. Authorities warn that such impersonation frauds, which use familiar branding and urgent promises of guaranteed profits, are a common red flag. Legitimate companies do not solicit cryptocurrency transfers through unsolicited promotions. Seoul police have issued an Interpol Red Notice for a fourth suspect abroad and are investigating others involved in creating and promoting the fraudulent website. While investigators froze 17.3 billion won in assets, approximately 10 billion won was moved during the probe, with wallet analysis revealing transfers totaling 27.3 billion won, suggesting there may be additional unidentified victims and accomplices. The case underscores the organized, cross-border nature of crypto investment fraud.

cryptonews.ru15 хв тому

Participants in XRP Fraud Scheme That Stole $9 Million from 71 Investors Arrested

cryptonews.ru15 хв тому

Experts Record Potential Bitcoin Sale by Trump Media After Billion-Dollar Investments

Experts have detected a potential sale of Bitcoin holdings by Trump Media & Technology Group (TMTG) on August 2, 2026. According to Lookonchain, the company likely sold another 2,628 BTC worth approximately $165 million. Since beginning its disposal seven months prior, TMTG has reportedly sold a total of 7,281 BTC at an average price significantly lower than its average purchase price. Analysis indicates that with these sales, TMTG has realized and unrealized losses totaling roughly $555 million from its Bitcoin portfolio. Despite the recent sales, data suggests the company still holds over 9,542 BTC, valued at about $603 million, maintaining its position as the 14th largest public company by corporate Bitcoin reserves, albeit with substantial unrealized losses. This activity follows TMTG's earlier major investment in Bitcoin and related securities, announced in July 2025, as part of its corporate treasury strategy. The sales occur amid a mixed market sentiment, with Bitcoin posting gains for July despite low spot trading volumes indicating investor caution.

cryptonews.ru15 хв тому

Experts Record Potential Bitcoin Sale by Trump Media After Billion-Dollar Investments

cryptonews.ru15 хв тому

Торгівля

Спот