Whalesbook
The India Bullion & Jewellers Association (IBJA) has requested the Securities and Exchange Board of India (SEBI) to bring digital gold providers under regulatory oversight. This appeal follows SEBI's recent warning that digital gold platforms currently operate outside its jurisdiction, leaving investors unprotected. IBJA believes regulation will prevent consumers from being misled and build confidence, especially as digital gold gains popularity among younger investors for its liquidity and zero locker costs.