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Should India Have a Dedicated Crypto Regulatory Body?
India currently does not have a dedicated legal framework specifically governing crypto assets, while different aspects of the sector fall under existing regulatory and tax mechanisms. A Parliamentary finance panel recently recommended examining a comprehensive regulatory framework and suggested an interim self-regulatory mechanism under the oversight of an existing regulator. This has renewed the debate over whether crypto should eventually have its own dedicated regulatory body or continue to be overseen through existing institutions such as the RBI and SEBI.
Apple Brings Back Card Payments for App Store and iCloud Transactions in India After Five Years
Back in 2021, RBI introduced a security rule with the card tokenisation to safeguard companies from hackers or spammers. But Apple was not ready for this so it stopped bank and credit card payment methods. Now Apple has finally reintroducing card payments to make Apple App Store and iCloud Transactions purchases. Almost after five years! .