Last time, we gave you a good rundown of what you could expect from NFTs, as the fledgling tech vacillates between price speculation and progress. You’ve probably read enough about NFTs to know what they are – paintings, 3D images, videos, short clips, or just about anything that can have a digital identity. From our previousRead more
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Carbon sequestration is the process of capturing, storing and removing CO2 from the atmosphere to mitigate the harmful effects of global warming. There is data to suggest that carbon sequestration may be a feasible and scalable technology to reduce emissions, however, no country has yet implemented comprehensive policy frameworks limiting investments and activity. This articleRead more
Round-up of key law and policy developments relating to blockchain and cryptocurrency in 2020. 1. INTRODUCTION In June 2019, the Financial Action Task Force (‘FATF’) updated its standards of anti-money laundering (‘AML’) and combating the financing of terrorism (‘CFT’) measures to regulate virtual asset service providers (‘VASPs’) in its member countries. FATF recommended its members toRead more
Tax implications on exercise of ESOPs often render them less than useful. Budget 2020 changes this by deferring the tax liability. When employees exercised their employee stock options (ESOPs) and collected shares, they were, until recently, subjected to income tax (30%+) on the entire value of the shares (less price paid for exercise). These startupRead more
Preliminary The Telecom Regulatory Authority of India (“TRAI”) is a statutory body that acts as the regulator of the telecommunications sector in India. It was set up by the government of India under section 3 of the Telecom Regulatory Authority of India Act, 1997 (“TRAI Act”). The TRAI concerns itself with regulating telecom tariffs, qualityRead more
1. Preliminary 1.1 Google hosted the fifth edition of its annual Google for India event on 19 September 2019. Google launched a range of products and services during this event and provided an insight into the work it is doing around technology in India. India’s information technology (“IT”) minister, Ravi Shankar Prasad, was also invited byRead more
This note maps the opinions of some stakeholders on the White Paper of the Committee of Experts on a Data Protection Framework for India, released on 27 November, 2017 (“White Paper”). While all responses to the White Paper are currently unavailable, responses of twenty-seven (27) stakeholders are available on Dvara Research’s blog, here. Background InRead more
Anish Krishnan, interning with us at TRA for January – February 2018 and Nehaa Chaudhari, Lead – Policy have put together a timeline on key developments on #cryptocurrency law and policy in India. February 10th: Sebi chief states Rules on cryptocurrencies should be out soon. Tyagi, who is part of the committee formed by the government toRead more