CoinSwitch, India’s largest crypto trading platform, in partnership with India’s leading law firm Trilegal, and the Centre for Technology, Entertainment and Sports Law at the WB National University of Juridical Sciences, Kolkata (‘NUJS Kolkata’), organised ‘Block by Block’, a national-level paper presentation competition focused on Virtual Digital Assets (‘VDAs’), during July-November, 2025
The competition aimed to engage and challenge law and public policy students at Indian universities to develop innovative, practical policy proposals on the regulation of VDAs in India. Participants were invited to submit papers on the theme: ‘A Policy Approach for Regulation of Virtual Digital Assets/Crypto assets to Foster the Growth of a New Asset Class in India’.
This book—Block by Block: A Compendium of Research Papers on Regulatory Pathways for Virtual Digital Assets—which presents the five best papers shortlisted by the jury from entries from across the country, is a testament to the quality of research and efforts on display by students in the competition. The submissions were evaluated based on multiple parameters including originality, research and evidence, analytical rigor, clarity and structure. These papers discuss in detail different approaches to regulating VDAs in India. We received an overwhelming response to the competition. We congratulate all participants in their sincere efforts and enthusiastic participation.
We hope that the ideas articulated in the papers pique the interests of all stakeholders – students, academicians, researchers, policymakers, legal professionals and others.
We want to place on record our sincere appreciation to fellow jury members and colleagues at CoinSwitch, Trilegal and NUJS Kolkata for their contributions towards the publication of this volume.
— Ashish Singhal,
Co-founder, CoinSwitch
— Jaideep Reddy,
Partner, Trilegal
— Dr. Shameek Sen,
Professor, NUJS Kolkata
Please find the entire book here: https://coinswitch.co/switch/wp-content/uploads/2026/02/Block-By-Block-Book-Final-Updated.pdf