BREAKING: 🇮🇳 India's Parliamentary Finance Committee recommends an interim crypto regulatory framework through Self-Regulatory Organisations (SROs) instead of waiting for a comprehensive law. Key points: • Recommends industry-led SROs under the oversight of a designated regulator. • Calls for clear legal definitions for different types of Virtual Digital Assets (VDAs). • Says stronger rules are needed for governance, disclosures, investor protection, and grievance redressal. • Calls for clarity on the treatment of crypto investment products and tokenized securities under the proposed law.(Crypto India)