Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), announced plans to introduce faster settlements on Monday. India is planning to introduce a same-day settlement cycle from March 28 on an optional basis, making it the second country after China to do so while other nations typically settle within two days, a local report said.
Source: https://www.coindesk.com/policy/2024/03/13/instant-settlement-needed-to-compete-with-crypto-indias-markets-regulator-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines