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.
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.
Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!