India’s digital precious metals industry has set up a self-regulatory body called the Digital Precious Metals Assurance Council of India (DPMACI) to enhance consumer protection in the growing digital gold and silver ecosystem. Per an official statement, it has named Nirupama Soundararajan — who’s also the CEO and cofounder of the Policy Consensus Centre — its independent chairperson.
ET had reported on May 1 that leading industry players were working towards setting up a self-regulatory body for the sector.
