RBI, European body ink MoU to end clearinghouse deadlock

Mumbai: The Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA) have signed a Memorandum of Understanding (MoU), ending a two-year standoff over the supervision of India’s central clearing agencies. The agreement will facilitate cooperation and information exchange and pave the way for recognition of central counterparties based in India and […]

Crypto Race to Tokenize Stocks Raises Investor Protection Flags

A race by crypto companies to sell tokens tied to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn the burgeoning new products pose risks to investors and market stability. Buoyed by President Donald Trump’s pro-crypto stance and his administration’s push for friendly regulations, the crypto industry is rushing to […]