RBI Releases Financial Stability Report With Mention of DeFi, US Efforts to Regulate Crypto Sector

RBI Releases Financial Stability Report With Mention of DeFi, US Efforts to Regulate Crypto Sector

The Reserve Bank of India (RBI) has published its latest Financial Stability Report (FSR) that outlines important events that have recently taken place in the national and international banking and fintech sector. The domain of decentralised finance (DeFi) earned a brief mention in RBI’s report wherein the central bank, discussed…

FATF Upset, Worried About Nations Being Slow in Regulating Crypto: Details

FATF Upset, Worried About Nations Being Slow in Regulating Crypto: Details

The Financial Action Task Force (FATF) has expressed concerns that not many nations have implemented the rules it had laid down to regulate the virtual digital assets sector. In a report issued by the FATF, the delay in deploying and adoption of these crypto-related rules is leaving room for criminal…