Understanding the Indian Government’s Intentions Toward CeFi, DeFi, Cryptocurrencies, Share Market, Mutual Funds, Gold, and Fixed Deposits
Authors
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Arun Singla
Director, Shodh Sagar Pvt. Ltd.
https://orcid.org/0009-0003-2027-0112
DOI:
https://doi.org/10.36676/sjmbt.v2.iSpecial.49Keywords:
CEFI, DEFI, Cryptocurrencies, Share Market, Mutual Funds, Gold and Fixed depositsAbstract
This paper explores the Indian government’s stance and evolving regulatory landscape regarding various financial instruments, such as centralized finance (CeFi), decentralized finance (DeFi), cryptocurrencies, share market, mutual funds, gold, and fixed deposits. It examines the current frameworks and regulations, and how government policies are shaping each financial avenue. By analyzing the different approaches toward traditional and modern financial systems, this paper highlights the challenges and opportunities faced by the Indian financial ecosystem, particularly in the context of cryptocurrencies and DeFi.
References
- CoinTelegraph. (2023). "An Overview of the Cryptocurrency Regulations in India."
Available at: [CoinTelegraph Article on Crypto Regulations in India](https://cointelegraph.com/news/an-overview-of-the-cryptocurrency-regulations-in-india)【27†source】.
- The Vocal News. (2022). "How the Indian Government is Approaching Crypto."
Available at: [The Vocal News on India's Crypto Approach](https://vocalnews.com/crypto/how-the-indian-government-is-approaching-crypto/)【26†source】.
- Economic Times. (2022). "India's Cryptocurrency Taxation System Explained."
Available at: [Economic Times on Cryptocurrency Taxation](https://economictimes.indiatimes.com/markets/cryptocurrency-taxation-system-in-india)
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