News India’s most advisable option for dealing with cryptocurrencies is to ban them: RBI Deputy Governor The central bank official shared his no-holds-barred opinions on risks and regulatory challenges posed by cryptocurrencies. MitakshFebruary 15, 2022
News Karnataka HC strikes down online gambling ban, paving way for companies to resume operations The ruling is a major victory for real money gaming companies that had criticised the bill as arbitrary and overreaching. MitakshFebruary 14, 2022
News There is no proposal to include online gaming with gambling: MeitY in response to a parliamentary question Real money games have grown in India since the onset of the pandemic yet regulations across states remain inconsistent. MitakshFebruary 14, 2022
News ShareChat’s Moj and MX Takatak announce merger, signalling consolidation in short-video market While parts of the deal are still being hashed out, the merger could lead others to beef up positions in the booming segment. MitakshFebruary 11, 2022
News RBI governor reiterates concerns around crypto, adding tulips had more value during Tulip mania He also revealed that the RBI is working out the chinks in its CBDC project, but stopped short of providing a timeline. MitakshFebruary 11, 2022
News Summary: IMF’s report on CBDC advocates information-sharing among countries for successful roll-out Taking stock of projects in advanced stages, the IMF proposed ways to operationalise CBDCs and navigate their risks. MitakshFebruary 11, 2022
News TRAI calls for feedback on 5G spectrum allocation as telcos and satellite services remain divided Indian telcos asserted that all spectrum bands be listed for auction, while satellite players said that their operations will suffer. MitakshFebruary 10, 2022
News Bangladesh releases draft rules to regulate OTT platforms, modelled on India’s IT Rules Parts of the regulations go a step further to effectively proscribe certain types of streaming content. MitakshFebruary 9, 2022
News Nandan Nilekani suggests India’s CBDC should have anonymity to avoid concerns of surveillance: Report Recently, PM Modi said that the digital rupee "will be completely controlled and monitored." MitakshFebruary 9, 2022
News Paytm Q3 Results: Net loss increases to Rs 778.5 crores but growth in revenue at Rs 1,456 crores Paytm is one of the biggest startups to go public last year but its tepid listing raised concerns among investors. MitakshFebruary 8, 2022