India Expects Promoters to Sell All Their Cryptos before Raising Funds from IPO
Feb 22 2021 · 12:07 UTC | Updated
Feb 22 2021 · 12:40 by John K. Kumi · 3 min read
Photo: Depositphotos
You have successfully joined our subscriber list.
According to reports, the current parliamentary session in India will see a new bill passed to order the ban on the use of all private cryptocurrencies.
The Securities and Exchange Board of India (SEBI) has been said to inform promoters to sell all their cryptocurrencies before engaging in any fundraisings through their Initial Public Offerings (IPO). This information has according to the report been handed to securities lawyers, merchant bankers as well as company executives involved in the IPO processes.
Reservas del Banco de México están en niveles históricos nvinoticias.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nvinoticias.com Daily Mail and Mail on Sunday newspapers.