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Securities / Derivatives
NSE India Granted Approval for Crude Oil, NatGas Options
By Editors | 12/09/2023
NSE India already launched rupee-denominated WTI crude oil and natural gas futures contracts in May 2023. The new options contracts will launch on 23 October.

Crypto / Digital Assets
India’s Crypto Market Booms Despite Regulatory Challenges – Chainalysis
By Jill Wong | 12/09/2023
The global crypto adoption index seeks to rank markets based on the people’s share of wealth put into cryptocurrencies.

Crypto / Digital Assets
G20 Endorses Crypto Regulatory Roadmap, India Unlikely to Impose Ban
By Manesh Samtani | 12/09/2023
The G20 finance ministers and central bank governors will meet again next month to take the IMF-FSB crypto regulatory roadmap forward.

Capital / Liquidity
RBI Announces Decision to Discontinue I-CRR Requirement
By Editors | 11/09/2023
25% of the I-CRR was released on Saturday. Another 25 percent will be released on 23 September. The remaining 50 percent will be released on 7 October.

Fintech / Regtech
RBI Governor Launches New Features on UPI System
By Editors | 08/09/2023
The new features include voice-enabled payments, offline transfers, and NFC-enabled QR code payments.

Crypto / Digital Assets
RBI Seeking to Develop More Use Cases for CBDC
By Editors | 07/09/2023
The RBI plans to start allowing the use of CBDC in the call money market, which is used for short-term interbank borrowing.

SEBI Asks AIF Industry to Develop Governance Code
By Mark Johnston | 07/09/2023
The code would aim to address issues such as conflicted transactions, disclosure standards, valuation practices, and interpretation of regulations.

Fintech / Regtech
SEBI Developing AI Tool to Detect Fund Mis-selling
By Editors | 07/09/2023
The AI tool will be able to detect misselling that may go unnoticed using “rule-based supervision”, said SEBI chairperson Madhabi Puri Buch.

Market Infrastructure
RBI, ESMA Close to Resolving Stand-Off Over CCPs – Report
By Manesh Samtani | 07/09/2023
Discussions regarding MoUs between the RBI and ESMA are reported to be progressing more smoothly and regularly.

Fintech / Regtech
RBI Calls on Fintech Industry to Establish Self-Regulatory Body
By Editors | 07/09/2023
The RBI’s Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.
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