by AIP Online Bureau | Mar 8, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Extending India’s money laundering rules to cryptocurrencies will give authorities greater authority in monitoring the transfer of these assets beyond the country’s borders MUMBAI: India’s money laundering laws will apply to trade in...
by AIP Online Bureau | Mar 1, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and BlockFi rattled investors and increased regulatory scrutiny on the sector “Recent high-profile failures in the crypto sector are an important reminder that we...
by AIP Online Bureau | Feb 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
Despite the rapid evolution of the crypto universe, there is no comprehensive global policy framework for crypto assets. Given the concerns over greater interconnectedness between crypto assets and the traditional financial sector as well as the complexity and...
by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, International News, Regulation, Technology
“We have to differentiate between central bank digital currencies that are backed by the state and stable coins, and crypto assets that are privately issued,” Georgieva said. “There has to be very strong push for regulation… if regulation fails, if...
by AIP Online Bureau | Dec 30, 2022 | Eco/Invest/Demography, Regulation, Technology, Wealth Management/ Philanthropy
The framework proposes that authorities should have appropriate powers, tools and resources to regulate, supervise, and oversee crypto assets activities and markets, both domestically and internationally, proportionate to the financial stability risk they pose,”...
