Rules And Regulations

Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.

The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.

Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence deal with Samsung also triggered scrutiny.

Meta Platforms was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at the US company's newly introduced pay or consent advertising model, already the target of privacy regulators and activists' ire.

Amendments to Mobile Number Portability (MNP) regulations to check SIM swap and replacement fraudulent activities will come into force from July 1, The telecom regulatory body Telecom Regulatory Authority of India (TRAI) said.

The conservative-majority US Supreme Court on Friday overturned 40 years of legal precedent to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans, from air pollution to food and drugs.

The crypto sector was briefly mentioned in RBI’s recently released Financial Stability Report. Talking in particular about DeFi, the report said that global regulatory bodies like the Financial Action Task Force and the International Organisation of Securities Commissions (IOSCO) are constantly examining developments around DeFi.

Brokers and mutual funds should stop using unregulated financial influencers for marketing and advertising campaigns, markets regulator SEBI said today.

Going aggressively after the illegal bars, pubs and restaurants, the Pune Municipal Corporation (PMC) demolished fully or partly around 35 establishments found flouting various rules and regulations, officials said here on Wednesday.

The Pune district administration is mulling the idea of webcasting of entry and exit points of pubs and bars in the city to ensure better compliance with rules and regulations, an official said on Saturday.

The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.

In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.

The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.

WhatsApp has challenged Information Technology Rule 4(2) of the 2021 IT (Intermediary Guidelines and Digital Media Ethics Code).

The United Kingdom has implemented new visa and income regulations as part of Prime Minister Rishi Sunak's plans to cut down immigration levels. As part of the changes the minimum income required to sponsor family members has been raised.

Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.

The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.

Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence deal with Samsung also triggered scrutiny.

Meta Platforms was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at the US company's newly introduced pay or consent advertising model, already the target of privacy regulators and activists' ire.

Amendments to Mobile Number Portability (MNP) regulations to check SIM swap and replacement fraudulent activities will come into force from July 1, The telecom regulatory body Telecom Regulatory Authority of India (TRAI) said.

The conservative-majority US Supreme Court on Friday overturned 40 years of legal precedent to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans, from air pollution to food and drugs.

The crypto sector was briefly mentioned in RBI’s recently released Financial Stability Report. Talking in particular about DeFi, the report said that global regulatory bodies like the Financial Action Task Force and the International Organisation of Securities Commissions (IOSCO) are constantly examining developments around DeFi.

Brokers and mutual funds should stop using unregulated financial influencers for marketing and advertising campaigns, markets regulator SEBI said today.

Going aggressively after the illegal bars, pubs and restaurants, the Pune Municipal Corporation (PMC) demolished fully or partly around 35 establishments found flouting various rules and regulations, officials said here on Wednesday.

The Pune district administration is mulling the idea of webcasting of entry and exit points of pubs and bars in the city to ensure better compliance with rules and regulations, an official said on Saturday.

The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.

In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.

The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.

WhatsApp has challenged Information Technology Rule 4(2) of the 2021 IT (Intermediary Guidelines and Digital Media Ethics Code).

The United Kingdom has implemented new visa and income regulations as part of Prime Minister Rishi Sunak's plans to cut down immigration levels. As part of the changes the minimum income required to sponsor family members has been raised.