Published Paper Details:

The development of digital assets such as cryptocurrencies and financial products based on blockchain, has contributed to the rise in the number of serious regulatory issues for various nations. India is also in an important position to develop a well-integrated legal framework for digital assets with its expanding fintech industry. This research study explores the development of digital asset regulation in India, outlining the transition from initial legal hurdles and government disapproval to current legislative and judicial developments. It also analyzes the legal implications of existing and future legislative frameworks as well as their compliance with international norms and constitutional rights. As much as evaluating the legitimate economic gains of adopting blockchain innovation, the author in this research paper, considers the monetary risks that accompany the unregulated digital asset markets such as financial instability, capital flight and frauds. It further highlights the intricate balance, which the governments must maintain between promoting consumer protection, financial integrity and national security and innovation in technology. Drawing on similar regulatory strategies and stakeholder perspectives, the research paper provides strategic suggestions for a balanced, adaptive, future-proof regulatory framework for digital assets in India.