Crypto firms are racing to launch stock-pegged tokens, sparking concerns among financial giants and regulators. While proponents tout 24/7 trading and instant settlement, critics warn of investor risks and market fragmentation. Many tokens lack traditional rights, resembling riskier derivatives. This rapid innovation faces scrutiny over investor protections and regulatory oversight.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention