India

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    AML / KYC

    ByBit Pays $1m Penalty to Re-enter Indian Crypto Market

    By Nithya Subramanian | 10/02/2025

    Bybit has paid a penalty and registered with FIU-IND, after having suspended services in India last month.

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    Capital / Liquidity

    RBI Cuts Interest Rates and Defers New Banking Rules

    By Manesh Samtani | 08/02/2025

    The interest rate cut is the first in nearly five years. Implementation of three major banking regulations will be deferred.

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    Fintech / Regtech

    SEBI Allows Brokers to Offer Algo Trading to Retail Investors

    By Nithya Subramanian | 07/02/2025

    Brokers must obtain stock exchange approval for each algorithm, and any subsequent modification, to offer it to retail investors.

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    Securities / Derivatives

    India to Introduce New Tax Incentives to Boost GIFT City

    By Nithya Subramanian | 06/02/2025

    The government aims to make it easier for offshore funds including ETFs to establish operations in GIFT City.

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    Securities / Derivatives

    BSE Launches Sensex Derivative Contracts at GIFT City

    By Nithya Subramanian | 06/02/2025

    BSE has launched USD-denominated Sensex derivatives at India INX, providing global investors a 22-hour trading window

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    Crypto / Digital Assets

    MobiKwik, Cred Become First Non-Banks to Offer CBDCs in India

    By Nithya Subramanian | 05/02/2025

    The e-rupee wallets allow users to send funds to and receive funds from other e-rupee wallets as well as regular bank accounts using UPI.

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    Crypto / Digital Assets

    Indian Government Reviewing Stance on Cryptocurrencies – Report

    By Nithya Subramanian | 05/02/2025

    The government is planning to review a discussion paper on cryptocurrencies it had initially planned to release last September.

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    Securities / Derivatives

    SEBI Proposes Mandatory Digital Assurance Reporting for Companies

    By Nithya Subramanian | 05/02/2025

    The proposal aims to enhance transparency, strengthen disclosure standards, and strengthen enforcement mechanisms, SEBI said.

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    Fintech / Regtech

    SEBI Proposes to Assign Unique UPI Handles for Securities Market

    By Nithya Subramanian | 04/02/2025

    Assigning unique UPI handles to SEBI-registered market intermediaries will allow investors to verify that their payments are going to authorised entities

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    Securities / Derivatives

    SEBI Extends Ban on Agri Derivatives Trading Until March 2025

    By Nithya Subramanian | 03/02/2025

    SEBI did not provide a reason for the extension or indicate whether the ban might be lifted after 31 March.

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