Legal Requirement
- All
- News
- Videos
-
US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies. ...
-
Why OpenAI Plans Transition to Public Benefit Corporation
OpenAI is planning to transition its for-profit arm into a Delaware public benefit corporation (PBC). The aim is to raise capital. While both PBCs and traditional corporations are for-profit entities, PBCs are legally required to pursue one or more public benefits, including social and environmental goals.
-
Private Banks in Taiwan Seek to Explore Virtual Asset Custody Business, FSC Shows Support
During a recent press conference, Hu Zehua, an official from the Financial Supervisory Commission (FSC), announced that the regulatory body is open to allowing financial institutions to participate in trials for virtual asset custody services. The FSC aims to have a draft of a new law outlining compliance requirements ready by the end of this year.
-
Fighting Brazil Ban, Elon Musk's X Names Legal Representative
Brazilian law requires foreign companies to name a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.
-
US, Britain, EU to Sign First International AI Treaty
The first legally binding international AI treaty will be open for signing on Thursday with the US, the UK, and the EU coming together for this. The signatories can choose to adopt or maintain legislative, administrative or other measures to give effect to the provisions.
-
Find Out Which ITR Form Is Required For Your Income Tax Filing
Filing your Income Tax Return (ITR) by July 31, 2024, is mandatory in India, with a late fee for delays.
-
Binance Fined $2.25 Million in India for Breaching Anti-Money Laundering Regulations, Exchange Vouches Cooperation
India has claimed that Binance, touted as the largest in the world, was not adhering to the Prevention of Money Laundering Act, 2002 (PMLA). Binance was supposedly given a written as well as a verbal submission about FIU’s concerns. The FIU has said that the charges regarding Binance having violated India’s legal requirements to operate its bus...
-
MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline
MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.
-
Tokyo To Launch Its Own Dating App To Boost Birth Rate, Elon Musk Says, ''I Am Glad''
Users will be required to submit documentation proving they are legally single and sign a letter stating they are willing to get married.
-
OKX Exits India’s Crypto Space Failing to Meet Legal Requirements
OKX has decided to exit India’s crypto sphere. The crypto exchange informed its Indian community on March 21 that they should close their accounts on the platform before April 30.
-
South African Olympic Champion Caster Semenya Asks For Funds For Legal Fight
Caster Semenya on Friday appealed for funds for her legal battle against regulations requiring female athletes with high testosterone to take medication.
-
US Supreme Court Rejects Appeals From Apple, Epic Games Over App Store Antitrust Ruling
The US Supreme Court on Tuesday declined to hear a challenge by Apple to a lower court's decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game Fortnite.
-
‘Wait is Frustrating’: Indian Crypto Players Fear Losing Web3 Talent, Funding Amid Legal Delays
In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...
-
Last Day To Raise Objections Against CLAT Answer Key Ends Today
The students will be required to pay a fee of Rs 1,000 for each objection filed.
-
"Imperative To Amplify Justice Needs Of Under-Represented": Chief Justice
Access to justice cannot be secured only by crafting pro-people jurisprudence in judgements but requires active progress on the administrative side of the court such as improving infrastructure and enhancing legal aid services, Chief Justice of India
-
US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies. ...
-
Why OpenAI Plans Transition to Public Benefit Corporation
OpenAI is planning to transition its for-profit arm into a Delaware public benefit corporation (PBC). The aim is to raise capital. While both PBCs and traditional corporations are for-profit entities, PBCs are legally required to pursue one or more public benefits, including social and environmental goals.
-
Private Banks in Taiwan Seek to Explore Virtual Asset Custody Business, FSC Shows Support
During a recent press conference, Hu Zehua, an official from the Financial Supervisory Commission (FSC), announced that the regulatory body is open to allowing financial institutions to participate in trials for virtual asset custody services. The FSC aims to have a draft of a new law outlining compliance requirements ready by the end of this year.
-
Fighting Brazil Ban, Elon Musk's X Names Legal Representative
Brazilian law requires foreign companies to name a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.
-
US, Britain, EU to Sign First International AI Treaty
The first legally binding international AI treaty will be open for signing on Thursday with the US, the UK, and the EU coming together for this. The signatories can choose to adopt or maintain legislative, administrative or other measures to give effect to the provisions.
-
Find Out Which ITR Form Is Required For Your Income Tax Filing
Filing your Income Tax Return (ITR) by July 31, 2024, is mandatory in India, with a late fee for delays.
-
Binance Fined $2.25 Million in India for Breaching Anti-Money Laundering Regulations, Exchange Vouches Cooperation
India has claimed that Binance, touted as the largest in the world, was not adhering to the Prevention of Money Laundering Act, 2002 (PMLA). Binance was supposedly given a written as well as a verbal submission about FIU’s concerns. The FIU has said that the charges regarding Binance having violated India’s legal requirements to operate its bus...
-
MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline
MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.
-
Tokyo To Launch Its Own Dating App To Boost Birth Rate, Elon Musk Says, ''I Am Glad''
Users will be required to submit documentation proving they are legally single and sign a letter stating they are willing to get married.
-
OKX Exits India’s Crypto Space Failing to Meet Legal Requirements
OKX has decided to exit India’s crypto sphere. The crypto exchange informed its Indian community on March 21 that they should close their accounts on the platform before April 30.
-
South African Olympic Champion Caster Semenya Asks For Funds For Legal Fight
Caster Semenya on Friday appealed for funds for her legal battle against regulations requiring female athletes with high testosterone to take medication.
-
US Supreme Court Rejects Appeals From Apple, Epic Games Over App Store Antitrust Ruling
The US Supreme Court on Tuesday declined to hear a challenge by Apple to a lower court's decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game Fortnite.
-
‘Wait is Frustrating’: Indian Crypto Players Fear Losing Web3 Talent, Funding Amid Legal Delays
In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...
-
Last Day To Raise Objections Against CLAT Answer Key Ends Today
The students will be required to pay a fee of Rs 1,000 for each objection filed.
-
"Imperative To Amplify Justice Needs Of Under-Represented": Chief Justice
Access to justice cannot be secured only by crafting pro-people jurisprudence in judgements but requires active progress on the administrative side of the court such as improving infrastructure and enhancing legal aid services, Chief Justice of India
