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SEBI cracks down on gaming apps offering virtual trading services, fantasy games

SEBI cracks down on gaming apps offering virtual trading services, fantasy games

May 27, 2024, at 08:41 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) is cracking down on gaming apps offering virtual trading services and fantasy games based on the movement of real-time share prices of listed companies, which have mushroomed over the past few years in the wake of high retail investor appetite for stock trading, reports said.