币界网报道:India is set to release a comprehensive discussion paper on cryptocurrency regulations in July, with a particular focus on stablecoins, according to government sources. The paper aims to address key regulatory concerns and establish a clear framework for digital assets in the country. Officials emphasized the need for balanced policies that foster innovation while mitigating risks like money laundering and market volatility. The discussion will involve input from the Reserve Bank of India (RBI), finance ministry, and blockchain industry stakeholders. This move follows India's recent introduction of a 30% tax on crypto gains and 1% TDS on transactions, signaling growing governmental scrutiny of the sector. The upcoming paper is expected to shape India's long-term stance on cryptocurrencies and stablecoins, potentially influencing other emerging markets' regulatory approaches.