Monthly Archives: June 2017

National Crypto Currency is the way to go…. with an International Crypto Currency Regulatory Authority to be set up

It is good to note that the World view is slowly but surely tilting towards the adoption of Crypto Currencies which are managed by the regulators of the Fiat countries instead of the privately managed “Decentralized” and “Unregulated” Crypto Currencies … Continue reading

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The Bitcoin Battle…Will it be Modi Vs ZebPay?…like Kumble Vs Kohli?…who will win?

In the Kumble Vs Kohli fight, it was Kohli who came out as the immediate victor since BCCI accepted the principle that Coach is dispensable but not the Captain. BCCI upheld the principle that a Coach is only a PR … Continue reading

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Will the Government succumb to Zebpay PR pressure?

While the Government of India’s committee on Bitcoin regulation is in the process of evaluating the responses received on the MyGov site on whether Bitcoin is to be Banned or Regulated or Observed?, there have been a spate of articles … Continue reading

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Banks may become liable under Section 65 and 67C in Fraud cases..

I refer to the discussions we had in the case of the Phishing fraud at Musiri Branch of State Bank of India where I tried to provide some guidance to the Customer on what sort of complaint he has to … Continue reading

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Cyber Appellate Tribunal Goes into limbo again?

Cyber Appellate Tribunal was a creation of the Information Technology Act 2000 and was the appeal Court for all Adjudicators (One in each State and Union Territory) and the Controller of Certifying Authorities. The Adjudication system became effective from 2003 … Continue reading

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Regulate Bitcoins through ITA 2000 notifications under Section 1(4) and 69/69A/69B

India has reportedly completed its diplomatic negotiations and formalities to ensure that Switzerland will automatically share the details of Bank accounts opened by Indian nationals in that country with Indian authorities so that numbered Swiss Bank accounts can no longer … Continue reading

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