Search Results for: Bitcoin
Black Money gets a Boost from SEBI. Mr Thaygi should be removed as SEBI Chairman
In a surprising but disgusting news report, Mr Ajay Thyagi, the Chairman of SEBI has come up with a public statement that is intended or likely to move the price of Bitcoin in the Exchanges. Contrary to the popular … Continue reading
Limited Liability on Electronic Banking Frauds also extends to Cooperative Banks
On July 6, 2017, RBI released the “Customer Protection-Limiting Liability of Customers in Unauthorized Electronic Banking Transactions”. The circular indicated that a customer is entitled to “Zero Liability” in case of loss arising out of frauds in E banking in … Continue reading
Infosys Finacle.. set to radicalize Indian Financial System.. has Finacle Trade Connect been approved by RBI or IDRBT?
The fact that Technologists have scant regard for law is well known. The developments in the Bitcoin scenario is an indication. Despite Bitcoin is the established “Currency for the Criminals” and “Black Money Hoarding Tool”, technologists say “So What?… I … Continue reading
What CVC can do to ensure Integrity Pledge is taken by all Government Officials.
I recently got an invitation to the “Pledge Portal” of the Central Vigilance Commission (CVC) to take an integrity pledge on the following lines. Since there was nothing in the pledge which I did not believe in and has been … Continue reading
Demonetize Crypto Currencies on November 8, 2017… Arun Jaitely Ji….
I welcome the move of the Government to celebrate November 8, 2017 as “Anti Black Money Day”. While politically, this is a reply to the opposition who wants to oppose the demonetization, I want Modi Government and Mr Arun Jaitely … Continue reading
The PPI Ecosystem and the Power of the industry to lobby
The Prepaid Instrument Eco System in India under the Payment and Settlements Act 2007 has licensed several “Payment System Operators” under the Act. The list of such operators is available here. The list consists of Two Financial Market Infrastructure operators … Continue reading