Which regulatory bodies oversee the approval of Indian Bitcoin ETFs?

3 answers

• Mr FirmanApr 28, 2023 · 2 years ago
  The regulatory bodies responsible for overseeing the approval of Indian Bitcoin ETFs are the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). SEBI is the primary regulatory authority for the securities market in India, while RBI is responsible for regulating the banking and financial sectors. Both organizations play a crucial role in ensuring the compliance and safety of Bitcoin ETFs in India.
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• szekMar 08, 2021 · 4 years ago
  In India, the approval of Bitcoin ETFs is overseen by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). These regulatory bodies are responsible for ensuring the proper functioning and regulation of the financial markets in the country. They set guidelines and monitor the activities of Bitcoin ETFs to protect investors and maintain market integrity.
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• Abhishek MatluriJan 12, 2024 · 2 years ago
  The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) are the regulatory bodies that oversee the approval of Indian Bitcoin ETFs. SEBI is responsible for regulating the securities market, while RBI oversees the banking and financial sectors. These organizations work together to ensure that Bitcoin ETFs in India comply with the necessary regulations and provide a safe investment option for investors.
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