Digital gold platforms commission EY, Grant Thornton audits as SEBI eyes 80M-customer category
SafeGold, MMTC Pamp and Augmont have routed book and vault audits through newly formed industry body DPMACI, engaging EY and Grant Thornton to pre-empt regulatory action. The unregulated category serves 80 million customers and holds 1.54 tonnes of gold, but volumes are down 38% from January peaks amid 15% import duty pressure.
Digital gold players including SafeGold, MMTC Pamp and Augmont have engaged EY and Grant Thornton for book and vault audits via newly formed DPMACI, pushing self-regulation after SEBI flagged the unregulated 80-million-customer category.