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SEBI warns against "opinion trading platforms," deeming them unregulated and illegal in India.
SEBI, India's market regulator, has warned investors about "opinion trading platforms," stating these platforms are unregulated and offer no legal protections.
These platforms allow betting on real-world events but are not recognized stock exchanges and do not fall under SEBI's regulatory framework.
SEBI advises caution, noting that trading on these platforms is illegal and lacks investor protection.
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SEBI advierte contra las "plataformas de comercio de opiniones", considerándolas no reguladas e ilegales en la India.