FINTECH NEWSLETTER: RECENT LEGAL DEVELOPMENTS AND MARKET UPDATES IN INDIA

Published On: 19/07/2024

Authors:

Namita Viswanath
Annupriya Agarwal
Ruhi Kanakia
Himangini Mishra
May marked several sweeping regulatory developments in the fintech space. While the proactive approach of the RBI in monitoring the NBFCs caused a stir, several other key developments also made the headlines like RBI’s meeting with the stakeholders in the UPI ecosystem and release of a new framework for supervision of research analysts and investment advisers and FIU’s approval to Binane and Kucoin to register as virtual digital asset service provider. In this issue of the fintech newsletter, INDUSLAW's Namita Viswanath, Annupriya Agarwal, Ruhi Kanakia and Himangini Mishra discuss these key developments in the fintech sector and highlight other updates impacting the Indian fintech market.