All brokers had to stop digital gold. Even the RIAs.
This is regulatory grey. Unregulated technically could mean anything that is not regulated by SEBI, which could be what happens outside India like in international investing platforms, very similar to digital gold.
Being the largest retail broker in India, the repercussions for us to do something which is regulatory grey is much larger than for smaller players. We have asked for clarity from the regulator on this, whenever we have it, we will have a product.