India: Sebi asks IPO promoters to sell their cryptos

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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 […]


India: Sebi asks IPO promoters to sell their cryptos written by Namrata Shukla @ https://ambcrypto.com/india-sebi-asks-ipo-promoters-to-sell-their-cryptos/ February 22, 2021 Namrata Shukla

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