India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters

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Amitoj Singh is a CoinDesk reporter.

The suggestion was made to a government panel tasked with formulating policy for the Finance Ministry to consider.

The Securities and Exchange Board of India's suggestion was made to a"government panel" tasked with formulating policy for the finance ministry to consider, Reuters said, citing documents. It added that the panel could submit its report by June. Investor grievances in cryptocurrencies should be resolved under India's Consumer Protection Act, the report said.

 

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