Download the app
App StorePlay Store
Beige
Login
← All tags

digital gold

India digital gold leaders form new SRO to enforce 1 to 1 metal backing and audits

India digital gold leaders form new SRO to enforce 1 to 1 metal backing and audits

India’s major digital gold platforms have formed a new self-regulatory organisation, DPMACI, aiming to tighten transparency and consumer protection. The council plans strict operational guardrails, mandating digital holdings be backed by physical metal in a 1:1 ratio, with periodic third-party audits. It also says it is building an ombudsman framework to resolve complaints within fixed timelines—amid ongoing regulatory scrutiny.

Summarised by Beize from a story on Inc42 on 11 May 2026
Digital gold firms form self regulator to tighten physical backing and vault insurance

Digital gold firms form self regulator to tighten physical backing and vault insurance

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.

Summarised by Beize from a story on The Economic Times on 11 May 2026

Your news, in seconds

App StorePlay Store
Digital gold nears formal rules as government drafts oversight framework

Digital gold nears formal rules as government drafts oversight framework

India’s fast-growing digital gold industry is moving toward formal oversight, with the government reportedly exploring a regulatory framework. Fintech founders have urged the Finance Ministry to address how quickly the sector is expanding and the current gap in clear legislation.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Dhan launches Gold Vault letting investors buy physical gold at live exchange prices

Dhan launches Gold Vault letting investors buy physical gold at live exchange prices

Dhan has rolled out “Gold Vault,” a Sebi-regulated offering that lets retail investors buy physical gold and silver using live commodity exchange pricing, complete with home delivery. The system is designed to reduce risk by routing transactions through MCX futures settlement and MCXCCL clearing, signaling a new step in how digital gold products are delivered and secured.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
GJC urges RBI to revamp gold monetisation with digital jeweller based scheme

GJC urges RBI to revamp gold monetisation with digital jeweller based scheme

The Gem and Jewellery Council has proposed a revamped Gold Monetisation Scheme to the RBI, working with the Finance Ministry as well. The plan would involve jewellers and a digital gold system to help individuals earn returns on their idle gold more easily, potentially streamlining participation and improving how monetisation works.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
World Gold Council pitches physically backed common infrastructure for digital gold growth

World Gold Council pitches physically backed common infrastructure for digital gold growth

The World Gold Council has proposed creating a physically backed shared infrastructure to help digital gold scale faster. The plan centers on common systems supported by real-world gold assets, aiming to strengthen trust, improve access, and reduce friction for issuers and users. If adopted, it could reshape how digital gold products are built and regulated.

Summarised by Beize from a story on The Economic Times on 26 Apr 2026

Never miss a story

App StorePlay Store
Akshaya Tritiya 2026 gold and silver trade to cross Rs 20000 crore despite record prices

Akshaya Tritiya 2026 gold and silver trade to cross Rs 20000 crore despite record prices

Akshaya Tritiya 2026 is projected to drive record precious-metal buying in India, with gold and silver trade expected to surpass Rs 20,000 crore even as prices hit new highs and volumes soften. Shoppers are shifting toward lightweight jewellery, silver, and diamond items, while digital gold and bonds gain momentum—signaling value-led, financially cautious consumption.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play