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🚨 Reality Check for Crypto Treasuries in India 🇮🇳
The Bombay Stock Exchange just shot down Jetking Infotrain’s share listing. Why? They wanted to park ~60% of proceeds in virtual digital assets (VDAs). BSE says crypto investment policies are still “under review.” 😕
Companies can hold VDAs from profits, but raising public funds to buy crypto? Hard pass for now. 🚫 Without clear regulations, digital asset treasury firms in India might be dead in the water. 😬
#CryptoIndia #VDAs #BSE #Regulations #CryptoTreasury
The Bombay Stock Exchange just shot down Jetking Infotrain’s share listing. Why? They wanted to park ~60% of proceeds in virtual digital assets (VDAs). BSE says crypto investment policies are still “under review.” 😕
Companies can hold VDAs from profits, but raising public funds to buy crypto? Hard pass for now. 🚫 Without clear regulations, digital asset treasury firms in India might be dead in the water. 😬
#CryptoIndia #VDAs #BSE #Regulations #CryptoTreasury
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