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24.11 - 20:15
RBI, crypto players meet for the first time, discuss grey zones
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economictimes.indiatimes.comIndia? What kind of coins should be allowed? What could be the investor protection measures? The questions, which could shape the rules of the game if cryptos come under regulation, were deliberated at the Reserve Bank of India’s (RBI) first-ever meeting with the crypto community held on November 2. Amid a crypto craze, fuelled by an ad blitz, it is unclear how cryptocurrencies are entering India to meet spiralling demand.
With no rules on disclosure of holdings, no one knows the total stock of cryptos in all the e-wallets of investors and how many have been bought locally. “Exchanges say they are just a platform to match the buyer and the seller and don’t procure and supply cryptos.
Read more on economictimes.indiatimes.comAbout this in other media
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