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Crypto Or Not? SEBI Moots Supervision Of Digital Currencies, While RBI Calls It A Macro Risk

Crypto Or Not? SEBI Moots Supervision Of Digital Currencies, While RBI Calls It A Macro Risk
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crypto news: SEBI considers regulatory role in crypto trading, diverging from RBI s approach Here s what experts think

In a significant development within Indias crypto landscape, the Securities and Exchange Board of India (SEBI) has recommended several regulators oversee crypto trade nationwide.

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Exclusive-India s SEBI open to oversight of crypto trade, in contrast to Reserve Bank

India s market watchdog has recommended that several regulators oversee trade in cryptocurrencies, documents show, the strongest signal to date that at least some authorities in the country are. -May 16, 2024 at 05:46 am EDT - MarketScreener

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SEBI open to oversight of crypto trade, in contrast to Reserve Bank of India

Crypto assets that are backed by fiat currencies could be regulated by the Reserve Bank of India, it said

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Sebi open to oversight of crypto trade, in contrast to Reserve Bank: Report

Both sets of documents, which have been seen by Reuters, have been submitted to a government panel which is tasked with formulating policy for the finance ministry to consider. SEBI s stance has not previously been reported.

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