PANews reported on May 30 that according to Bitcoin.com, India may release a comprehensive discussion paper in June aimed at developing crypto asset regulations, which will draw heavily on the guidance of the International Monetary Fund (IMF) and the Financial Stability Board (FSB). India has also taken this step after a surge in global acceptance of cryptocurrencies, especially US President Trump's support for digital currencies, marking a major policy shift.

In India, authorities stressed that any future regulatory decisions will be made after extensive stakeholder consultation and analysis of global frameworks. The Reserve Bank of India (RBI) remains cautious, warning of risks such as money laundering in cryptocurrencies and advocating the launch of its own central bank digital currency as a controlled alternative.