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@article{202125,
        author = {Harshita Pandey and Dr. Tapan Chandola},
        title = {The Decentralized Conundrum: Legal and Regulatory Challenges of Blockchain Technology in India},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {12},
        pages = {6339-6341},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=202125},
        abstract = {This study critically evaluates the evolving legal and regulatory environment for blockchain technology and Virtual Digital Assets (VDAs) in India. Caught between promoting technological advancement and safeguarding financial stability, India's regulatory strategy has shifted from outright bans to targeted fiscal and anti-money laundering measures. Drawing on key judicial precedents, statutory developments, and inherent technological-legal tensions such as smart contract enforceability and conflicts with data privacy norms this analysis proposes a forward-looking regulatory blueprint. The goal is to create a framework that balances innovation with risk mitigation.},
        keywords = {Blockchain, Virtual Digital Assets, Regulation, Smart Contracts, Data Privacy, India},
        month = {May},
        }