Morgan Stanley is the first major global bank to offer its wealth management clients access to buy and trade Bitcoins, CNBC reported. With Bitcoin prices soaring over the last few months, crypto-currency investments are gaining institutional acceptance by global financial companies. According to unnamed sources, in an internal memo the bank said that it plans to give its clients access to three funds to invest in Bitcoins. Morgan Stanley's decision to provide access to Bitcoin funds comes after some of the banks' wealthier clients demanded such a facility. According to the report, the bank will offer access to the three funds to clients with “an aggressive risk tolerance” and who have at least $2 million in assets with the firm. The three funds on offer include: Galaxy Bitcoin Fund LP, Galaxy Institutional Bitcoin Fund LP and joint-venture between asset manager…
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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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