https://www.taxtmi.com/article/detailed?id=14821 Tokenised securities are blockchain-based instruments enabling fractional ownership and programmable rights via smart contracts, offering potential for real time settlement and reduced intermediation. Indian statutes (SCRA, Companies Act, Depositories Act, SEBI Act, IT Act) may apply but currently do not expressly recognise blockchain registries or decentralised registers, creating legal uncertainty around statutory registers, depository roles, cross border compliance, taxation and investor protection. A sequenced approach is advised: statutory recognition of blockchain records, regulator licensing of DLT market infrastructure, and a targeted regulatory sandbox to test issuance, custody, interoperability and smart contract audits. en-us Thu, 17 Jul 2025 08:20:08 +0530 Thu, 17 Jul 2025 08:20:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14821 Tokenised securities are blockchain-based instruments enabling fractional ownership and programmable rights via smart contracts, offering potential for real time settlement and reduced intermediation. Indian statutes (SCRA, Companies Act, Depositories Act, SEBI Act, IT Act) may apply but currently do not expressly recognise blockchain registries or decentralised registers, creating legal uncertainty around statutory registers, depository roles, cross border compliance, taxation and investor protection. A sequenced approach is advised: statutory recognition of blockchain records, regulator licensing of DLT market infrastructure, and a targeted regulatory sandbox to test issuance, custody, interoperability and smart contract audits. Articles Investments - Wealth Thu, 17 Jul 2025 08:20:08 +0530 https://www.taxtmi.com/article/detailed?id=14821