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

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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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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

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