Google in India fights scams and labels verified investment apps

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An senior official from India’s market regulator, the Securities and Exchange Board of India, stated on Wednesday that Alphabet’s Google GOOGL.O will label verified investment apps on its Indian app store. This move aims to help users identify legitimate trading platforms and avoid scams.

This initiative will only allow brokers and intermediaries registered with the Securities and Exchange Board of India to carry verified badges, helping users distinguish legitimate platforms from fraudulent applications that impersonate them.

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Editor: Liu Mingliang

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