Indian regulators focus on blockchain applications in "asset tokenization and programmability"

Jinse Finance reported that Indian financial regulators are actively advancing the integration of distributed ledger technology (DLT), namely blockchain technology, with a focus on asset tokenization, digital programmability, and improving market efficiency. The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are leading this gradual strategy, emphasizing the use of permissioned blockchain systems within a regulated environment.