
Bharat Web3 Association launches self-regulatory body for India's crypto sector
- —BWA-SRB will cover market integrity, cybersecurity, consumer protection and AML/CFT
- —The framework draws on the RBI's May 2024 rules for fintech self-regulatory organisations
- —A parliamentary finance committee in July 2026 backed an interim SRO model for crypto
- —The body is voluntary and its guidelines are not legally binding
Why it matters: With no dedicated crypto law in India, the industry is moving oversight to self-imposed standards, setting a precedent that could shape future regulation.
Source: The Crypto Times