Singhania & Partners LLP, Solicitors and Advocates
The rapid transformation of the Indian economy into a cashless one, particularly with the establishment of e-commerce as a legitimate mode of consumerism, there has been an equally urgent need for innovating and adopting digital payment systems.
AMC Law Firm
On July 21, 2020 the IRS and Security Summit partners issued specific guidance to assist tax professionals with implementing basic security measures.
Chandhiok & Mahajan
The history of cryptocurrencies can be traced back to (another) tumultuous time during the 2008 financial crisis when the trust in financial participants, such as banks and government institutions, was sharply waning.
The Indian government must not permanently ban cryptocurrency (also referred to as ‘token' or ‘coin' or ‘digital currency').
Originally a machine was developed by a human being, as a device or an apparatus in order to do away with duplication of work at the cost of repetition.
Singh & Associates
With the popularization of internet technologies, virtual currency – called cryptocurrency has also been invented. A popular form of cryptocurrency is bitcoin.
Khaitan & Co
On 24 June 2020, the Reserve Bank of India (RBI) issued directions on "Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines"...
These technological innovations are advancing human lives to whole new dimensions.
A CBDC is a digital payment token or cryptocurrency issued by the central bank of a country.
Cryptocurrency, is a digital asset meant to be used as digital money.
The power sector in India has historically been plagued with several challenges that have stymyied investment, innovation and growth.
India is a key source of outsourced IT services for overseas entities. These services often comprise critical dependencies for regulated entities, ...
The most popular cryptocurrency, bitcoin, was created in 2009 by one or more individuals under the pseudonym "Satoshi Nakamoto".
The Strategic Hub for Innovation and Financial Technology of the Securities and Exchanges Commission recently released a Framework for ‘Investment Contract' Analysis of Digital Assets.
In November 2018, the SEC promised to come out with a ‘plain English' guidance for developers who wished to undertake their own token offerings (‘token' is used to indicate a cryptocurrency, crypto-asset or a digital asset; ...
The Payment and Settlement Systems Act, 2007 ("PSS Act") for the first time recognized payments as a different function from a bank's core functions, such as lending, accepting deposits or managing monetary policy
The Steering Committee on Fintech Related Issues (‘Committee'), set up by the Ministry of Finance, recently issued its report (‘Report'), in which it takes stock...
This is the first in a series of blog posts on blockchain governance.
Despite the global market slow-down owing to the recent outbreak of the COVID-19 pandemic, the Indian fin-tech sector has done exceedingly well this past quarter.
The following acts constitute offences when conducted fraudulently or dishonestly and without the permission of the owner/person in charge of the computer: