ChainCatcher news, India's Economic Affairs Secretary Ajay Seth stated that India plans to release a discussion paper on cryptocurrency policy before September. A cross-departmental group, including the Reserve Bank of India and the Securities and Exchange Board of India, is studying relevant policies.Seth emphasized that the document aims to solicit stakeholder opinions rather than commit to comprehensive legislation. Currently, India has not implemented comprehensive cryptocurrency regulations, but it has imposed high taxes on the industry and requires cryptocurrency entities to register with the financial intelligence department to comply with global anti-money laundering and counter-terrorism financing standards.