Los parlamentarios de la India proponen una ley de tokenización: crear un sistema económico en cadena regulado

【比推】India’s Civilian Party MP Raghav Chadha has officially spoken in the Federal Council, calling for the development of a dedicated legal framework for tokenization. He believes that as blockchain technology matures, India needs to upgrade from simply taxing cryptocurrency speculation to building a comprehensive regulated on-chain economic system.

Chadha’s core proposal is straightforward: achieve financial democratization through fractional ownership of assets. He describes asset tokenization as “the most transformative financial technology innovation of the 21st century,” emphasizing that it can benefit the middle class. How does he propose to push this forward? He suggests that the government establish a regulatory sandbox to allow fintech companies to experiment with tokenization products under the supervision of Indian regulators.

What is the current issue? It’s legal ambiguity. India’s digital asset market lacks a clear legal definition of “tokenized assets,” which leaves many market participants in a gray area. Chadha warns of a particular risk—if a domestic legal framework is not quickly established, India’s assets could be hosted on foreign platforms for unregulated trading, leading to a loss of sovereignty over data and economic power.

This proposal marks a shift in India’s policy direction, from passive defense to active construction, aiming to create an ecosystem that embraces blockchain innovation while protecting the country’s financial security. For those interested in the emerging RWA (Real World Asset) on-chain trend in markets, India’s move is worth paying attention to.