The Indian government has provided important updates on the regulation of Virtual Digital Assets (VDAs) in India. During the Lok Sabha session on December 16, 2024, the government discussed the steps being taken toward regulating VDAs and the challenges in creating a comprehensive framework. Addressing the questions raised, the Minister of State for Finance, Pankaj Chaudhary, highlighted the government’s approach to tackling VDA-related issues, focusing on international cooperation and investor protection.