crypto trading

SEBI Open To Oversight Of Crypto Trade, In Contrast To RBI: Report

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SEBI’s stance has not previously been reported. (Representative image) SEBI said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO). 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 … Read more

Win for Transparency, Say Industry Giants as Crypto Trade Comes Under Money Laundering Act Ambit

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In the first step towards regulating cryptocurrency, the government said on March 7 that money laundering laws will apply to crypto trading, weeks after Finance Minister Nirmala Sitharaman said the regulation would be a topic of discussion at G20. In a notification, the Ministry of Finance said “exchange between virtual digital assets and fiat currencies, … Read more