India
IndiaRegulation by tax and AML: crypto is legal, heavily taxed and FIU-registered, but India still has no licensing law.
News
From local outlets, summarised in English.
- Reserve Bank of India backs tokenization but remains cautious on private crypto assets
TokenPost - RBI Governor: 'Trust Is the Precondition for Financial Innovation' — Emphasizes Financial InclusionTokenPost
- India Launches Corporate Bond Tokenization Pilot, Three Major Companies Issue Bonds Worth Approximately 16 Billion Yen
CRYPTO TIMES - India's Agricultural Warehousing Leader Goes On-Chain: $2 Billion in Grain Tokenized, with Three Major Banks Joining First
BlockTempo - India's Tokenized Corporate Bond Pilot Project Raises Approximately 16.5 Billion Yen Across Three Companies
CoinPost - India's Finance Minister Calls for Expansion of the Digital RupeeTokenPost
- State-Owned Assets to Be Tokenized as Maharashtra, India's Wealthiest State, Seeks Financing for New Infrastructure
Odaily - BRICS Pay Pursues Member-Currency Payment Network Instead of a Common CurrencyTokenPost
- India Launches Demat 2.0 Pilot; First Tokenized Bond Issuances Raise INR 102.5 BillionBlockTempo
- India Pushes CBDCs for Bilateral BRICS Payments, but Consensus on a Unified Network Remains LimitedTokenPost
Pakistan
Bhutan