Pakistan’s sentencing of Zaki-ur-Rehman Lakhvi ‘farcical’: India Geeta Mohan
India s Ministry of External Affairs (MEA) has termed the sentencing of UN-designated terrorist Zaki-ur-Rehman Lakhvi by Pakistan as farcical .
A Pakistan court on Friday sentenced Zaki-ur-Rehman Lakhvi, a senior member of terrorist group Lashkar-e-Taiba (LeT), to five years in prison for terror financing activities.
It may be noted that Pakistan s case is up for review at the meeting of the Asia/Pacific Group (APG) and FATF plenary to be held next month. The timing of these actions clearly suggest the intention of conveying a sense of compliance ahead of the next APG meeting and the next FATF plenary in February 2021. It has become routine for Pakistan to come up with such farcical actions prior meetings, Srivastava said.
Can the crypto industry ever be regulated in the era of decentralised finance?
The system – known as DeFi – allows people to engage in financial services such as borrowing, lending and investing without intermediaries such as banks. Representational image. | Philippe Lopez / AFP Photo
As stock markets around the world struggle through the pandemic, Bitcoin has seen a steady rise in its price. The cryptocurrency is steadily climbing back towards its all-time high of $20,000 in 2017.
While this growth can be partially explained by investors being spooked by stock markets during the pandemic and looking for better investments, it is also influenced by the new, but evolving, decentralised finance market, also known as DeFi.
Decentralised finance calls into question whether the crypto industry can ever be regulated econotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econotimes.com Daily Mail and Mail on Sunday newspapers.
Decentralised finance calls into question whether the crypto industry can ever be regulated theconversation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theconversation.com Daily Mail and Mail on Sunday newspapers.