Eruditus mammoth funding has made it a unicorn, thrice over. Twitter locks Congress accounts days after complying with India IT rules. A bipartisan trio of US senators have sponsored a bill to rein in Apples App Store and Googles Play Store.
An open letter, signed by 14 not-for-profits, called upon the government to suspend the implementation of Indias new IT rules, which came into effect last month.
India’s new Information Technology Rules came into force on 26 May and call for social media platforms to assign grievance officers to handle user complaints and allow.
India s social media intermediary guidelines are meant to provide a grievance redressal mechanism to ordinary users, Union Minister of Electronics and IT Ravi Shankar Prasasd says in an interview.
Too legit to quit
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Keen to establish themselves as legitimate businesses in the eyes of banks, India’s
crypto exchanges are uniting under the Internet and Mobile Association of India to draw up and implement a code of conduct.
Also in this letter:
Crypto exchanges draw up ‘legitimacy plan’
India s
cryptocurrency industry plans to overhaul and standardise its disclosure and compliance mechanisms to establish itself as a legitimate business in the eyes of banks.
What’s the plan? Leading cryptocurrency exchanges such as WazirX, CoinDCX and CoinSwitch Kuber have partnered with the Internet and Mobile Association of India (IAMAI) to set up an advisory board that will implement a code of conduct for the industry, sources told us.