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Indian Securities Regulator Dodging Public Questions On Crypto Regulation

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Wed, 10/10/2018 - 13:15
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Indian Securities Regulator Dodging Public Questions On Crypto Regulation
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A legal firm from Delhi has recently filed a list of almost 70 questions to the Indian analog of the American SEC, the Securities and Exchange Board (SEBI). It was done as a part of the Right-to-Information initiative when members of the public are allowed to require answers from governmental organizations.

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The law firm asked the regulator about details of the crypto regulation in the country and also about their own official position on that. The regulator avoided replying the majority of those inquiries and gave unclear answers to just some referring to the confidentiality issue.

The copy of the ‘dialogue’ has been published and clearly shows which questions the regulator choses not to answer directly.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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