Skip to main content

datastreet.in

Sebi to not regulate digital gold: Tuhin Kanta Pandey

Sebi Chairman Tuhin Kanta Pandey has clarified that digital gold does not fall under the regulator’s jurisdiction, noting that only gold ETFs and tradable gold securities are regulated products. Sebi warned investors that digital gold operates outside its framework, carries significant counterparty risks, and lacks the investor protections available in securities markets.Sebi Chairman Tuhin Kanta Pandey has clarified that digital gold does not fall under the regulator’s jurisdiction, noting that only gold ETFs and tradable gold securities are regulated products. Sebi warned investors that digital gold operates outside its framework, carries significant counterparty risks, and lacks the investor protections available in securities markets

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *