According to an official release, India Blockchain Forum (IBF) and Crypto Legal collaborated to propose a comprehensive regulatory framework for asset tokenisation. It is believed this might foster innovation and establish clear guidelines within the world of blockchain and digital assets. It is believed that with the evolving nature of asset tokens and the varying degrees of rights and obligations, they represent, this proposed framework might provide a structured and transparent environment for the issuance, trading, and regulation of asset tokens. This proposed regulatory framework is expected to represent a step toward establishing a secure and transparent ecosystem.
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