Indian lawmakers push for tokenization bill to expand investment opportunities for the middle class.

Indian lawmakers recently introduced a draft bill on tokenization, aiming to "democratize investment opportunities" by regulating asset tokenization and making digital investment opportunities in traditional assets such as real estate and stocks more widely accessible to the middle class. The draft bill proposes establishing a clear regulatory framework to ensure asset tokenization can proceed legally and compliantly, while emphasizing the protection of investor interests, enhanced market transparency, and promotion of greater capital liquidity. If passed, the bill would significantly boost the development of digital asset infrastructure in India's financial markets and make tokenized products a viable option for ordinary investors. (decrypt)