Diplomatic stalemate makes way for a long courtroom battle

MUMBAI : The securities fraud proceedings against Adani Group chair Gautam Adani and his nephew Sagar Adani—over allegations of paying bribes to unnamed Indian government officials and misleading American investors—have broken a year-long political stalemate, making way for a potentially long legal battle in a US court. Attorneys representing the Adanis and the US Securities…

Read More

SEC Unveils Landmark ‘Digital Asset Clarity Framework’ for USA Crypto Markets

In a watershed moment for the cryptocurrency industry in the United States, the Securities and Exchange Commission (SEC) today unveiled its long-awaited ‘Digital Asset Clarity Framework’. The 250-page document represents the most significant and comprehensive regulatory guidance issued by the agency to date, aiming to replace its contentious ‘regulation by enforcement’ approach with a clear…

Read More