Economy

Treat crypto as securities of special class, says CII

·         The term “security” refers to a fungible, negotiable monetary instrument that holds some kind of monetary value.

·         It represents an possession position in a publicly-traded corporation via stock; a individual relationship with a governmental body or a company represented by owning that entity’s bond; or rights to possession as represented by an choice.

·         Securities are tradable monetary instruments wont to raise capital publically and personal markets.

·         There are primarily 3 sorts of securities: equity—which provides possession rights to holders; debt—essentially loans repaid with periodic payments; and hybrids—which mix aspects of debt and equity.

·         Publicly listed securities are listed on stock exchanges, wherever issuers will request security listings and attract investors by guaranteeing a liquid and regulated market during which to trade.

What are government securities?

·         Government securities or G-Secs are essentially debt instruments issued by a government.

·         These securities can be issued by both the central government and the state governments of India.