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AMB Crypto 2021-02-22 10:18:49

India: Sebi asks IPO promoters to sell their cryptos



India has been among the countries still deliberating a ban over cryptocurrencies. Recently, the Securities and Exchange Board of India [SEBI] noted issues with promoters holding crypto and asked them to sell it before raising money through an initial public offering [IPO]. According to reports, Sebi communicated this decision to merchant bankers, securities lawyers, and […]
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