Regulation of VDAs, Cryptos and Web3 Sectors-MINISTER OF FINANCE

STARRED QUESTION/ நட்சத்திர கேள்வி

*146. DR. T. SUMATHY (a)
THAMIZHACHI THANGAPANDIAN:

Will the Minister of FINANCE be pleased to state:

(a) whether the Government has prepared any future roadmap to regulate Virtual Digital
Assets (VDAs)/Cryptos/Web3 sectors in the country and if so, the details thereof;
(b) whether the Government has undertaken any consultation process with the relevant
stakeholders, on the regulation of VDAs/Cryptos/Web3 and related policy formulations and if
so, the details thereof and if not, the reasons therefor;
(c) whether the Government is engaging with any academic or non-academic institutions to
better navigate the Web3 ecosystem and if so, the details thereof; and
(d) whether the Government is undertaking any initiatives to ensure the protection of
customer interests in the VDA sector and if so, the details thereof along with the details of
discussions, if any, held with the industry in this regard?

198-13.02.2023

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