And also the circular talks about digital gold and unregulated assets that includes crypto.
US stock investments are legal and SEBI order does not include that.
And, my main question is - there are brokers who provide digital gold, does it mean that they are doing illegal things/breaking regulations ?
I’m confused as there is no mention of US stocks anywhere. Need more clarification.
What’s others opinion on this ?
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.
any update for US stock investment?
We’re working on getting NSE IFSC membership. However will not be able to provide exact timeline on this 
You can check out more on NSE IFSC here:
So we wont able to purchase stock in our name. it will be DRs?
I was looking for solution to acquire stock directly in my name not in street name or DRs.
and this is under LRS limit so if I sold Stock can I reinvest that capital and capital gains?
Any updates here? Just bumping the thread.
Hey @linq123, we are in the process of getting our NSE IFSC membership. Will keep you posted on it. You can learn more about NSE IFSC here:
This is still work in progress, Vivek. We’ll let you know once we’re ready.
Just a bump post, if any news/updates? Waiting for 5 years now 
Even if Zerodha can launch the service with the same pricing as INDMoney.
Apart from US market also include European, apac countries these have lot of opportunities for investors as there are many emerging countries in these regions
Let them do US first, that itself is in limbo
Who is stopping them it will take another 3~5 yrs