Digital Gold Withdrawals Triple After Sebi Advisory
Why in the news
A Sebi warning sent investors rushing to pull money from digital gold platforms.
Key facts
- Sebi flagged market, operational and liquidity risks and asked for due diligence.
- Digital gold is held electronically, backed by vaulted physical gold, with units as small as 1 gram.
- Offered by fintech apps, banks and e-commerce platforms.
Significance
- Shows Sebi’s focus on non-traditional products and retail protection.
- May prompt a framework review for digital gold.
Exam angle
- Advisory date: 8 November 2025; effect: threefold rise in withdrawals.