Tag: #digital currency
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FLDG Guidelines: Regulating Digital Lending
FLDG GUIDELINES: REGULATING DIGITAL LENDING Introduction On 8th June 2023, the Reserve Bank of India released the much-awaited guidelines on First Loss Default Guarantee (“FLDG”) in the form of a Notification No. RBI/2023-24/41 titled, “Guidelines on Default Loss Guarantee (DLG) in Digital Lending” (“2023 Guidelines”).[1] This new framework sets out new provisions and rules for…
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The challenges of bringing claims over digital currencies
Shreyas Jayasimha, founder and managing partner at Aarna Law, recently spoke at a webinar hosted by the American Arbitration Association on Disputes Involving Blockchain and Crypto Assets: Recent Strides.