While the paper outlines a comprehensive regulatory framework, it also cautions against blanket bans on all VDAs activities. Such bans, the paper argues, can be costly and challenging to enforce due to the borderless nature of VDAs. They may also lead to increased incentives for circumvention, resulting in heightened financial integrity risks.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,