It isn't over yet: If Paypal doesn't satisfy the requirements put forth by the Reserve Bank of India April 30th 2010, their operations could be disrupted again, Jaimon Joseph writes on IBNLive Blogs, after having spoken to both PayPal and the RBI, that the banking regulator is keeping a watch on PayPal. They did allow the online payments company some leeway: by permitting them to honor all transactions done upto January this year, in order to prevent inconvenience customers. Of course, that may not go down well with those who received payments after January. Unfortunately, Peer-to-peer payments remain disabled, and there still isn't adequate clarity on what exactly PayPal needs change in order to comply with the RBI regulations. Joseph also examines issues with Paypal's transfers - looking into exchange rates and the commissions. Do read. Last month, PayPal had…
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Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
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