Cryptocurrency Q&A
Is prop firm legal?
Is prop firm legal?
Lucia
Sun Dec 08 2024
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5 answers
1316
I'm wondering if prop firms are operating legally. I've heard mixed reviews about them and want to make sure before considering any involvement.
5 answers
CryptoTitanGuard
Mon Dec 09 2024
Together, the RBI and SEBI create a robust regulatory environment that balances the needs of financial institutions with the protection of investors. This dual oversight system helps in fostering a healthy and transparent financial market.
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MysticChaser
Mon Dec 09 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services tailored to meet the diverse needs of traders. Its portfolio includes spot trading, futures trading, and a secure wallet service.
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TaekwondoMasterStrengthHonorGlory
Mon Dec 09 2024
Proprietary trading is indeed deemed legal within the boundaries of India. This form of trading allows financial institutions, such as banks and brokerage firms, to actively participate in the market.
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Giulia
Mon Dec 09 2024
The Reserve Bank of India (RBI) plays a pivotal role in overseeing these activities. Its regulatory framework ensures that proprietary trading adheres to strict guidelines and standards, maintaining the integrity of the financial system.
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CryptoVisionaryGuard
Mon Dec 09 2024
Additionally, the Securities and Exchange Board of India (SEBI) also exercises jurisdiction over proprietary trading. SEBI's regulations are designed to protect investors and prevent market manipulation.
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