Поділитися цією статтею
India's Securities Regulator Wants IPO Promoters to Sell Crypto Holdings: Report
The reported move comes as India is moving towards a potential ban on non-governmental cryptocurrencies.
Автор Sebastian Sinclair
Make us preferred on Google
India's top securities regulator reportedly wants initial public offering (IPO) promoters to divest themselves of any holdings of cryptocurrencies before their companies consider filing for public listings.
STORY CONTINUES BELOW
Не пропустіть жодної історії.Підпишіться на розсилку Crypto Daybook Americas вже сьогодні. Переглянути всі розсилки
According to a Monday report from the Economic Times, the Securities and Exchange Board of India (SEBI) has been informally communicating the message with merchant bankers, lawyers and company executives over several weeks.
No written communication has been formally provided by SEBI, however, several people close to the matter told the Economic Times the communications could be related to India's planned restrictions on non-state-issued cryptocurrencies.
India is said to be moving to ban the use of "private cryptocurrencies" with a new bill set to be introduced in the current parliamentary session. The bill is also expected to provide a framework for the Reserve Bank of India to issue its own digital rupee.
"The market regulator seems to think that this could become a risk for investors if a promoter holds an asset that is illegal in the country,” said a securities lawyer in the report.
See also: India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report
Mahesh Singhi, managing director of investment banking firm, Singhi Advisors, said the fear is that the funds raised could be used for speculation.
"The regulator had been giving indirect messages on this and in certain cases even other investors are cautious when it comes to promoters holding crypto assets as these could be banned in India," said Mahesh.
Having cryptocurrency holdings is a "red flag" that would need to be mentioned in an IPO prospectus, he added.
Більше для вас
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Що варто знати:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
Більше для вас
Strategy surges 6% on MSCI decision not to exclude DATs from indexes
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
Що варто знати:
- Strategy (MSTR) shares rose 6% in after-hours trading after MSCI's decision on digital asset treasury companies.
- MSCI stated that distinguishing between investment companies and those holding digital assets requires further research.
- The current index treatment for companies with digital assets making up 50% or more of their total assets will remain unchanged.
Top Stories
