Sebi warned on digital gold in 2025; now physical backing and oversight in works
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The finance ministry has sought feedback from regulators, banks and other stakeholders. A broad consensus has emerged that digital gold should be classified as a security under the Securities Contracts (Regulation) Act, 1956.
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https://timesofindia.indiatimes.com/business/india-business/in-2025-sebi-warned-investors-about-digital-gold-now-your-digital-gold-may-soon-need-physical-gold-to-back-it-government-weighs-rbi-sebi-oversight-for-3-billion-industry/articleshow/134329294.cms

