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FinTales Issue 31: Cow Paths & Regulatory Approaches

Ikigai Law

Dessert: sweet news about e-RUPI opening new doors for PPI issuers. For instance, it refused to lift ban on loading of e-wallets through credit lines. So, SEC relies on Regulation by Enforcement or RBE: where instead of making new rules, SEC takes crypto businesses to court, based on existing securities laws.