Indian AAP MP Raghav Chadha has introduced a 'Tokenization Bill' aimed at modernizing the country's financial framework through blockchain technology. Announced on December 17, 2025, the bill seeks to create a legal structure for tokenizing real-world assets, moving away from taxing cryptocurrency speculation towards establishing a regulated on-chain economy. Chadha emphasized the importance of a regulatory sandbox to test tokenized products and highlighted the need for clear definitions of tokenized assets. This initiative aims to mitigate risks associated with unregulated crypto transactions abroad, ensuring a secure and innovative financial environment in India.