Indian lawmakers propose tokenization bill: Building a regulated on-chain economy system

2025-12-17 06:48:13

【BitPush】Indian Civil Party MP Raghav Chadha has officially spoken out in the Federation Council, calling for the development of a dedicated tokenization legal framework. He believes that as blockchain technology matures, India needs to upgrade from simply levying crypto speculation taxes to building a comprehensive regulated on-chain economic system.

Chadha’s core proposition 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 specific risk—if a domestic legal framework isn’t quickly established, India’s assets could be managed on foreign platforms without regulation, leading to a loss of sovereignty over data and economic power.

This proposal marks a shift in India’s policy approach—from passive defense to active construction—aiming to create an ecosystem that embraces blockchain innovation while safeguarding national financial security. For those interested in the emerging market trend of RWA (Real World Assets) on the blockchain, India’s move is definitely worth watching.

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LightningAllInHero

· 2025-12-20 01:02

India's move to regulate on-chain economy sounds good, but can it really be implemented? Or is it just another round of PPT revolution?

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ruggedNotShrugged

· 2025-12-17 07:15

India’s guy has some nice ideas. The regulatory sandbox sounds good, but how feasible is it to implement? Hehe --- Once again, "financial democratization"—this term is getting old. Let’s see if the middle class can actually make money first. --- Vague laws just give opportunities to cut the leeks. Don’t tell me India can figure this out clearly. --- Tokenization is definitely the way forward, but I’m worried the Indian government will turn it into another set of complicated rules. --- Wait, isn’t the gray area where everyone is playing now? Why do we need regulation at all? --- Benefiting the middle class? First, get the money out of the hands of the wealthy. --- Singapore and the UAE have already played with the regulatory sandbox. Is India just going to copy them? --- It feels like they want to shift from crypto taxation to regulation fees—same soup, different spoon. --- If it really happens, will India become the next on-chain economic hub, or is it just another big talk?

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gas_fee_trauma

· 2025-12-17 07:00

Hmm... What new tricks is India planning this time? Will the regulatory sandbox work? Honestly, it's still about money. Will the middle class benefit? That's a joke. The gray area is the real issue, but will the bill actually be passed? The efficiency over there in India... Tokenization can indeed democratize the industry, but in reality, it's still the same group of people who profit from the rip-offs. Is this guy serious, or is he just talking in the parliament? No matter how well the regulatory framework is written, enforcement is another matter... Can India really control it? Another hype, let's see if there are any updates next year.

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BlockTalk

· 2025-12-17 06:59

Uh, India is serious now? The regulatory sandbox sounds good, but has it really been implemented? Tokenization and financial democratization... I've heard this rhetoric about benefiting the middle class too many times. Gray areas are now the norm. When will the legal framework come? If India really takes action, the Asian landscape will change again. Once the legal definition is issued, there should be follow-up. Let's see who can run faster then.

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Token_Sherpa

· 2025-12-17 06:55

ngl, "financial democratization through tokenization" is just ponzinomics with extra steps if nobody addresses token velocity traps... regulatory sandboxes sound nice until you realize they become the dumping ground for every VC shitcoin looking for legitimacy

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