SEBI Cracks Down on Gaming Apps Involved in Virtual Trading
The Securities and Exchange Board of India (SEBI) has initiated a crackdown on gaming apps involved in virtual trading using real-time stock prices. This measure aims to prevent the misuse of market data and protect investors from potential financial risks. SEBI’s directive prohibits stock exchanges from sharing real-time data with third-party apps, except for educational purposes with a one-day delay. This move is expected to safeguard market integrity and promote responsible financial education.
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