🔔 News Flash! India's SEBI suggests a multi-regulator approach for crypto trading. Instead of one big boss, SEBI recommends a tag-team of regulators, each overseeing their own digital domain. 🏦👀 SEBI would handle securities and ICOs, while the Reserve Bank would babysit stablecoins. Insurance and pensions? That's IRDAI and PFRDA's gig.

But wait, there's drama! The Reserve Bank isn't a fan of stablecoins, fearing they could aid tax evasion and risk fiscal stability. 🚫💰

Meanwhile, India's been tightening its crypto regulations, with only KuCoin and Binance currently licensed to operate.

What's your take on this regulatory relay race? Let's chat below! 👇 #CryptoIndia