by AIP Online Bureau | Oct 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
Shantikanta Das,Governor, Reserve Bank of India “I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses...
by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Regulation, Technology, Wealth Management/ Philanthropy
Major cryptocurrencies have been buoyed in recent days by U.S. authorities announcing plans to limit the fallout from the collapse of Silicon Valley Bank (SVB). U.S. authorities’ action helped stabilise the major USDC stablecoin, whose issuer Circle had deposits...
by AIP Online Bureau | Dec 25, 2022 | Articles, Non-Life, Reinsurance, Risk Management, Technology
Lloyd’s recently announced a new policy to insure against losses stored on certain cryptocurrency wallets. Until the broader insurance market catches up with the rise of cryptocurrency and such insurance becomes more commonly used, most policyholders will need to look...
by AIP Online Bureau | Oct 16, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology
Nirmala Sitharaman, Finance Minister “This concern has been actually acknowledged by several members of the G20 saying yes money trail, yes money laundering, yes drug misuse, and so on. There is an understanding that we need to have some kind of regulation, and...
by AIP Online Bureau | Mar 20, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
‘There is a clarity needed in regard to levy of GST on cryptocurrencies and whether it has to be levied on the entire value, We are seeing whether cryptocurrencies can be classified as goods or services and also removing any doubt on whether it can be called an...
