The regulator is also working on instantaneous settlement of stock market transactions and reviewing the trading plan mechanism for insiders at listed firms. Sebi will issue a discussion paper on the delisting process before December.
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat