Senate bill would hand bitcoin, ether oversight to commodities regulator A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The measure, introduced by the top Democrat and Republican on the Senate Agriculture Committee, would give the derivatives regulator exclusive jurisdiction over… Read More »
Industry experts are divided over the government’s decision to withdrew the Personal Data Protection (PDP) Bill, 2019, and replace it with a new ‘comprehensive legal framework’ and ‘contemporary digital privacy laws’ for regulating online space. The bill was revoked after nearly four years of it being in the works, where it went through multiple changes… Read More »
NRIs can pay utility bills using Bharat Bill Payment System: RBI Mumbai: Non-resident Indians (NRIs) will soon be able to pay utility bills and other recurring payments like fees using the Bharat Bill Payment System (BBPS), the Reserve Bank announced on Friday. The RBI made it clear that the move is not driven by the… Read More »
The central bank will be shortly issuing necessary instructions in this regard. Mumbai: Non-Resident Indians will soon be able to use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, the Reserve Bank said on Friday. The Bharat Bill Payment System (BBPS) is an interoperable… Read More »