That changed recently, when Member of Parliament Raghav Chadha called for a dedicated tokenisation bill during a parliamentary address. Tokenisation is a market-structure issue, not a crypto debateMuch of the public discourse around tokenisation has been clouded by its association with cryptocurrencies. What a serious tokenisation framework must addressIf India moves toward legislation, the challenge will not be speed - It will be precision. Legal ownership – whether a token represents direct ownership of an asset or a contractual claim2. As platforms like STOEX focus on building regulated, exchange-grade designs for real-world assets, legislative clarity becomes the missing link between innovation and investor protection.

Source: dna December 24, 2025 08:23 UTC