Digital gold may face RBI, Sebi oversight
The government began discussions to tighten rules for digital gold, including backing every unit with physical bullion and placing the product under the joint oversight of the RBI and SEBI. The broad consensus is to recognise digital gold as a security under the Securities Contracts (Regulation) Act, 1956. SEBI had warned investors about it in 2025.
Nabka Insight
A financial-regulation development on an unregulated retail investment product.
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- Digital gold may come under joint oversight of the RBI and SEBI
- Proposal to back every unit with physical bullion
- To be recognised as a security under the Securities Contracts (Regulation) Act, 1956
- SEBI had warned investors about digital gold in 2025; industry manages about $3 billion
Background
Relevant forBanking · SSC · State PSC · UPSC