Digital gold SRO DPMACI to seek ministry recognition, frame 1:1 metal backing rules
The newly-formed Digital Precious Metals Assurance Council of India will approach the finance or consumer affairs ministry for SRO status. It is drafting a code of conduct, audit norms, and rules mandating 1:1 physical metal backing for members—a move set to reshape how digital gold platforms operate in India.
The Digital Precious Metals Assurance Council of India (DPMACI), a newly-formed SRO, will seek recognition from the finance or consumer affairs ministry. It is drafting a code of conduct, audit norms, and rules mandating 1:1 physical metal backing for members.
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