India's market watchdog SEBI has recommended that several regulators should oversee the crypto sector. According to a Reuters report, this is the strongest signal of any watchdog being open to the concept of private virtual assets. SEBI's position, however, contrasts with that of the Reserve Bank of India, which maintains that private digital currencies are a macroeconomic risk.

India has taken a tough stance against crypto assets since 2018

india-sebi-crypto

India Sebi Crypto, News on India Sebi Crypto, stories on India Sebi Crypto, articles on India Sebi Crypto, India Sebi Crypto stories at Wion, India Sebi Crypto news, India Sebi Crypto latest news

india sebi-crypto

India has taken a tough stance against crypto assets since 2018