While the FIU-IND’s intent of ensuring regulatory compliance is commendable, the method of implementation is fundamentally flawed.
https://t.co/w8bMONRb8h
Im very honored to take part in the asian buddhist summit 2024. Reflecting on the role of buddha dhamma in strengthening asia.
Longing for safe and peacfull days worldwide.
Congratulations Shri @narendramodi on historic mandate to lead our country for third term. We are looking forward to contribute in achieving more success in fintech and payments using new technologies including blockchain and ai and helping strengthen digital India 🇮🇳 efforts.
A major action by India under Prevention of Money Laundering Act against foreign crypto exchanges
FIU IND issues compliance Show Cause Notices to nine offshore to block URLs of the nine entities operating illegally without complying with the provisions of PML Act in India
#Crypto regulations are important and talking about it more so. who better than the #OG of legal & regulatory in this space and our partner @SPJha to take the stage on this very topical subject #JigsawLaw
Our Partners @AdvSidAcharya and @kumaraniket recently attended the National Intellectual Property Conference 2023 held on 13-14 October at Vigyan Bhawan, New Delhi. #JigsawLaw
Dubai's VARA Updates Virtual Asset Issuance Rulebook to Include Non-AED Backed #Stablecoins
The #Dubai Virtual Assets Regulatory Authority (#VARA) has announced significant refinements to its Virtual Asset (VA) Issuance Rulebook:
Summarized Key Points:
"Free" office space
If you're a biotech or hard tech startup building something awesome, @newlimit has extra office/lab space to share in South San Francisco and is looking for great neighbors.
Open to taking a small equity stake in lieu of cash to preserve your runway.
Say hello:
https://t.co/c6KNXEPtMG
Looks like another crypto exchange bows down to #crypto#taxterrorism and infomal #bankingban in India. #Coinbase deciding to exit India exchange business is unfortunate for local ecosystems development and shows the regulatory risks in #India
https://t.co/yDcaqh59TU
UPI Scope Expanded
RBI through a notification last Monday included credit lines as a funding account to UPI. This is in addition to the existing savings account, overdraft account, prepaid wallets and credit cards that can be linked to UPI. 1/n
and it would be helpful for Congress to jump in. (4/4)
Risley v. Universal Navigation Inc., 1:22-cv-02780, (S.D.N.Y. Aug 29, 2023) ECF No. 90
#uniswap#defi#digitalasset#crypto
so they sued the investors and developers of Uniswap.- However, the court in the Southern District of New York dismissed the case and held that the investors and developers of Uniswap are not liable.- The court also noted that this is an unsettled area of the law, (3/4)
not the developer of the self-driving car.Background: Uniswap is a decentralized exchange. Plaintiffs purchased tokens on the exchange that appeared to be a scam. The plaintiffs could not determine the identity of the issuers behind the scam tokens, (2/4)
The class action against the developers and investors of the Uniswap Protocol trading platform has been dismissed. The court reasoned that if someone used a self-driving car to rob a bank, you would sue the person who robbed the bank, (1/4)