India Clarifies Stablecoin Policy: Global Standards, Local Safeguards
Policy Overview India’s finance ministry has sharpened its position on stablecoins, calling for global coordination that preserves monetary sovereignty while acknowledging the utility of tokenized money for payments and remittances. Finance Minister Nirmala Sitharaman outlined a three-part framework: Key Themes 1. Global Consistency New Delhi linked its approach to international workstreams: India advocates uniform reserve, […]