“The commission disagrees with the petition’s assertion that application of existing securities statutes and regulations to crypto asset securities, issuers of those securities, and intermediaries in the trading, settlement, and custody of those securities is unworkable,” the five-member commission concluded in its two-page response, which said the agency had given the request careful consideration. “The commission concludes that the requested rulemaking is currently unwarranted and denies the petition.”
India’s Market Regulator SEBI Suggests Shared Crypto Oversight Even as Central Bank Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's (SEBI) suggestion was made to a "government panel" tasked with formulating policy for...