India, May 30 -- The Indian government will likely release a detailed discussion paper on the policy framework options for crypto assets in June.

An ET report, citing people close to the matter, said that the paper will likely draw from the synthesis paper jointly developed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB).

It will also seek opinions on practices adopted by various jurisdictions, the report added.

"Discussion paper on crypto assets is being given finishing touches" and will be posted for public comments next month," one of the sources told ET.

A senior government official told the publication, "India will take a call keeping in view its own national interest. No knee-jerk decision would ...