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Digital gold firms form self regulator to tighten physical backing and vault insurance
Business
Published on 11 May 2026
Insured vaulting and 1 to 1 backing checks are coming
India’s digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI) to strengthen consumer protection and trust. Chaired by Nirupama Soundararajan, the self-regulatory body will set and enforce operational and governance standards, including 1:1 physical backing verification and insured vaulting, as digital gold and silver adoption accelerates.
- DPMACI is a new self-regulatory body for digital gold and silver
- Council chaired by Nirupama Soundararajan will set standards
- Includes 1:1 physical backing verification for assurance
- Mandates insured vaulting to reduce customer risk
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times