SEBI caution to public regarding dealing in ‘Digital Gold
It has come to the notice of SEBI that some digital/online platforms are offering investors to invest in ‘Digital Gold/E Gold Products’. Digital Gold is being marketed as an alternative for investment in physical gold. In this context, it is informed that such digital gold products are different from SEBI regulated gold products as they are neither notified as securities nor regulated as commodity derivatives.
RBI grant SRPA’s application for Fintech SRO
Reserve Bank of India (RBI) has designated the Self-Regulated PSO Association as a self-regulatory organisation (SRO) for payment system operators. This is third RBI recognition for SRO.
