Photo of Bhargav Joshi

Partner in the General Corporate Practice at the Mumbai office of Cyril Amarchand Mangaldas. Bhargav has over 12 years of experience advising domestic and multinational clients on M&A, private equity, joint ventures, divestments, and restructuring across various digital and physical infrastructure sectors including AI, cryptocurrency, IT, pharmaceuticals, and renewables. He can be reached at bhargav.joshi@cyrilshroff.com

FIG Paper (No. 43 – VDA Series 5) India’s Stablecoin Industry – Reacting to Global Regulations & Market Trends

Stablecoins, which are virtual digital assets (“VDA”) typically pegged to stable assets like fiat currencies, are being recognised as the cornerstone of digital finance revolution, delivering a blend of traditional currency stability and decentralised innovation. As their global adoption accelerates — from everyday retail transactions/ cross-border remittances to institutional treasury operations — governments worldwide are realising that clear, forward-thinking regulation can foster innovation and help their economies stay ahead of the pack.Continue Reading FIG Paper (No. 43 – VDA Series 5) India’s Stablecoin Industry – Reacting to Global Regulations & Market Trends