Wu Shuo learned that Devendra Fadnavis, the Chief Minister of Maharashtra, posted that he chaired a meeting to review the draft “Maharashtra Land Tokenization and Asset Digitalization and Trading Act” (DELTA Act). The plan is to use blockchain technology to tokenize land and other real estate assets, and to enable trading with tokens linked to real estate value. A committee will be established locally, made up of representatives from the Securities and Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE), the National Stock Exchange of India (NSE), and industry experts, to develop the relevant legislative framework.

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