SEBI CEO: If India's traditional regulated markets cannot provide tokenization and instant settlement, investors may turn to cryptocurrencies
SEBI CEO Madhabi PuriBuch stated that if traditional regulated markets cannot provide tokenization and instant settlement, Indian investors may turn to cryptocurrencies. In order to compete with cryptocurrencies, instant settlement is needed. If our well-regulated market cannot compete with the world of cryptocurrencies and we cannot provide tokenization and instant settlement for you in the medium term, then I would not even say that in the long run, you should expect investors to take action.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB falls below 685 USDT, 24-hour drop of 1.93%
Ethereum falls below $2200, down 6.1% in 24 hours
Energy Earnings Week Kicks Off: Marathon Petroleum (MPC.US) Profit Doubles as Opening Act, Political Criticism Looms
Energy giant earnings week approaches: ExxonMobil and others are expected to see their EPS double, while BTIG warns that the refining index, after surging 160%, may retreat.
Roblox (RBLX.US) Q3 daily active users fall short of expectations: ongoing pain from child safety restructuring, stock plunges over 17% after hours
Roblox’s Q3 daily active users reached 138 million, falling short of expectations, while bookings exceeded forecasts at 1.7 billion USD. However, weak Q4 guidance combined with the drag from child safety rectifications led to a plunge of over 12% in after-hours trading.
Crypto prices
More
