Three collectives, representing over 200 Indian online gaming companies, are set to reach out to the ministry of electronics and information technology for recognition as self-regulating organisations, two people familiar with the development said. SROs will be the mainstay of the self-regulatory mechanism for online gaming, and any gaming firm looking to offer products in India must be registered with …
The government on Thursday released new rules for online gaming which prohibit any game that involves betting and wagering, and entail a framework of multiple self-regulatory organisations. Online games involved in wagering or betting will fall foul of new online gaming rules. Online games involved in wagering or betting will fall foul of new online gaming rules, Minister of State …
The Reserve Bank of India on Tuesday issued draft guidelines for establishing self-regulatory organizations, which will be responsible for framing and enforcing rules for payment systems operators. “As the payment ecosystem matures and as the number of payments systems proliferate, it becomes necessary, in the interest of optimal use of regulatory resources, that the payments industry develops industry standards in …
