India’s Finance Ministry Signals Review of Stablecoin Framework

India’s Finance Ministry has reiterated its intent to formulate a regulatory framework for cryptocurrencies, including stablecoins, aiming to balance investor protection with innovation. Officials emphasized that regulations should align with global standards and evolving financial technologies. The government is undertaking inter-departmental consultations to strengthen oversight, enhance compliance mechanisms, and prepare the digital asset ecosystem for structured integration. This initiative reflects India’s strategic goal of building a transparent, secure, and future-ready digital finance infrastructure.