ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Wednesday Jan 17th 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

Indian FinTech Committee Forms To Gauge Blockchain And Securities

By

Jeremy

Nation

WriterETHNews.com

A FinTech committee has been created by the Securities and Exchange Board of India.

On August 4, 2017, it was reported that a FinTech regulatory panel was formed by the Securities and Exchange Board of India (SEBI) to offer the board ongoing deliberation and advice.

As per the report, Shri. T.V. Mohandas Pai, chairman of Manipal Global Education heads the committee and will be joined by various experts in the realms of digital payments, e-brokerage, financing and investment platforms, products and process re-engineering, data analytics, and e-commerce.

Topics on which the committee will provide guidance are numerous and revolve around FinTech technology and policies:

"i. Recent and medium term trends (within next 5 years) in FinTech developments in securities market worldwide

ii. Opportunities and challenges from new FinTech solutions and its impact on Indian Securities Market.

iii. FinTech solutions for further widening and deepening of Indian securities market.

iv. Approach and framework for regulatory sandbox in Indian market conditions to facilitate adoption of FinTech and promote financial innovations

v. Preparing Indian securities market and regulatory framework to adopt to new FinTech solutions while promoting market integrity, market development, consumer protection and managing change, business models and market disruptions

vi. Assessing technological solutions for regulatory functions of SEBI viz. information management and data mining, risk management including cyber security, intermediary supervision, consumer protection, etc. through application of new technological solutions like application of distributed ledger technology, big data, data analytics, artificial intelligence, machine Learning etc.

vii. Technology capacity building by Indian securities market in general and SEBI in particular."

India has been the site of a great deal of development for cryptocurrency; Andhra Pradesh has the distinction of being the first government outside of the US to join the Enterprise Ethereum Alliance, a consortium built around integrating blockchain protocols into business applications.

Indian regulators will now be faced with the task of creating an environment that best tackles marketplace challenges while making the most of the opportunities that the blooming technology has to offer.

Jeremy Nation

Jeremy Nation is a writer living in Los Angeles with interests in technology, human rights, and cuisine. He is a full time staff writer for ETHNews and holds value in Ether.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest India, SEBI or other Ethereum business and finance news.