News MongoDB terminates Russian and Belarusian accounts, possibly leaving Russian IT firms in the lurch The decision was taken to comply with sanctions which have been swift and unrelenting ever since Russia invaded Ukraine. MitakshMarch 14, 2022
News Dubai to have its own law on digital assets like crypto, along with a regulator to supervise them The upcoming legislation requires mandatory authorisation for any person to engage in crypto-related activities. MitakshMarch 14, 2022
News Summary: US President Biden’s Executive Order to explore various facets of digital assets including CBDCs The Biden administration is also exploring introducing a digital dollar. MitakshMarch 11, 2022
News Bombay HC directs cab aggregators in Maharashtra to apply for licence if they want to continue their operations The court rebuked aggregators like Ola and Uber for not adhering to guidelines drafted under the Motor Vehicles Act. MitakshMarch 10, 2022
News Finance Minister sees clear benefits of digital rupee in facilitating large transactions between organisations and banks The finance minister also indicated the government's stance on digital banking and IP-related concerns. MitakshMarch 9, 2022
News America continues its probe into Amazon’s antitrust practices whereas India drops its investigation without offering an explanation But Amazon might not be in the clear yet as another probe launched by India's competition regulator is still active. MitakshMarch 9, 2022
News Binance’s new platform offers fiat-to-crypto convertibility to drive up crypto payments The new subsidiary is expected to act as a bridge between traditional finance and crypto. MitakshMarch 8, 2022
News Google confirms phishing campaigns against Ukrainian organisations by Russian & Belarusian hacking groups It has identified three groups who were launching cyber attacks that primarily rely on phishing tactics. MitakshMarch 8, 2022
News Russia enacts ‘fake news’ law with one eye on curbing independent reportage of Ukraine invasion But this isn't the first time that Russia has criminalised the peddling of fake news by online media. MitakshMarch 7, 2022
News I&B ministry approves fifth self-regulatory body under IT Rules but criteria remains unclear The ministry has a lot to clarify on this issue even as it continues to sit on applications filed by other self-regulatory organisations. MitakshMarch 7, 2022