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India securities regulator tells firms to sell digital currency holdings before IPO

India securities regulator tells firms to sell digital currency holdings before IPO – CoinGeek

India’s securities regulator has said firms will be expected to sell off any holdings in digital currency before going public with an IPO, according to reports emerging in local media. The Securities and Exchange Board of India is thought to have informed securities lawyers, bankers and private entities of the new requirements, which will serve as additional restrictions on the IPO process, the Economic Times reported.








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