The Securities and Exchange Board of India (SEBI) has unveiled a groundbreaking proposal for regulating cryptocurrencies. As the global crypto landscape evolves and challenges traditional regulatory frameworks, SEBI’s plan represents a paradigm shift that aims to address the complexities of the crypto market while mitigating potential economic risks.

SEBI’s proposal, submitted to a government panel tasked with formulating crypto policy for the finance ministry, diverges significantly from the Reserve Bank of India’s (RBI) cautious stance on cryptocurrencies.&middot

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