Sebi chairman Tuhin Kanta Pandey on Friday clarified that the markets regulator is not looking to regulate ‘digital gold’ or ‘e-gold’ products as these do not fall under its purview.
Speaking on the sidelines of the National Conclave on REITs and InvITs-2025, Pandey said that regulated gold-related investments can be made through exchange-traded funds (ETFs) offered by mutual funds or through other tradable gold securities.
The clarification came days after the digital gold industry urged the Securities and Exchange Board of India (Sebi) to bring digital gold platforms under formal regulation.
Earlier this month, Sebi had warned investors against investing in digital or e-gold products, saying such instruments fall outside its regulatory framework and involve significant risks.
The cautionary statement came after Sebi observed that some online platforms have been promoting digital gold’ or e-gold’ products as an easy alternative to investing in physical gold.
“In this context, it
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Sebi chief Tuhin Kanta Pandey says not looking to regulate digital gold
