Indian Lawmakers Propose Tokenization Bill to Expand Investment Access

The evidence strongly supports the truthfulness of the statement. There is a high-authority primary source—a video of a speech in the Indian Parliament—where a lawmaker explicitly advocates for a tokenization bill. This is directly corroborated by multiple secondary sources from The Crypto Times, which report that Member of Parliament Raghav Chadha has proposed such a bill. The consistency across these highly relevant sources provides strong positive evidence.Other sources provided are either irrelevant or discuss a different, non-contradictory topic. The policy report on Vietnam and the article on Visa's USDC settlement are not relevant to India's legislative process. Several sources discuss the Reserve Bank of India's (RBI) mandate for card-on-file (CoF) payment tokenization. This is a regulatory action by India's central bank concerning payment security, which is distinct from a legislative bill on asset tokenization proposed by lawmakers in Parliament. Therefore, these sources do not contradict the claim.Finally, sources mentioning the current lack of a specific law for cryptocurrencies or existing tax rules describe the status quo but do not refute the possibility that a new bill has been proposed. In conclusion, the direct evidence from both primary and secondary sources confirms the proposal of a tokenization bill by an Indian lawmaker, and no sources contradict this fact.