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Detailed stories on technology startups, business and economic current affairs.
A thorough lack of transparency raises questions on just how ready India is to regulate crypto, leaving the crypto industry lobbying in every which direction.

To create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India. The Bill also seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses.”
This one paragraph threw India’s crypto industry into an existential crisis, for the second time in three years.
On 29 January, the government listed “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” in the legislative order of business for the budget session of the Lok Sabha. The bill is slated …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.