Here is the best of Business Standard's opinion pieces for Tuesday:
The Securities and Exchange Board of India recently issued an advisory, forbidding registered investment advisers from engaging in unregulated activity, such as providing platforms for dealing in unregulated products, or otherwise facilitating such trades. While assets like cryptocurrency and non-fungible token (NFT) do fall into this category, the regulator specifically mentioned digital gold. However, unlike cryptocurrencies and NFTs, digital gold consists of assets backed by the physical metal. In this context, our lead editorial notes that the regulator should be looking to remove the grey areas. Concerns like quality