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India will reportedly introduce bill to make owning cryptocurrency illegal

The Verge

India is reportedly moving forward with a sweeping ban on cryptocurrencies. The bill is likely to pass if it’s introduced, giving India some of the world’s strictest digital currency laws. Reuters’ source, a government official, didn’t specify the punishment for breaking the rules after that. Photo by Michele Doying / The Verge.

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OpenAI taps former Twitter India head to kickstart in the country

TechCrunch

OpenAI is working with former Twitter India head Rishi Jaitly as a senior advisor to facilitate talks with the government about AI policy, TechCrunch has exclusively learned. OpenAI is also looking to set up a local team in India.

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India widens regulatory grip over tech firms

TechCrunch

In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust approach and Chinese-style government surveillance, alarming executives and investors in the world’s most populous market. Last year, […] © 2023 TechCrunch. All rights reserved. For personal use only.

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India says not to preorder Starlink until it obtains a license

The Verge

India has instructed the public not to preorder Starlink, SpaceX’s satellite-based internet service, according to a report from Reuters. As the report notes, the Indian government says that the company needs to obtain a license to operate in the country before it starts deploying its services. DoT India (@DoT_India) November 26, 2021.

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The US government is considering a TikTok ban, says secretary of state

The Verge

Over the last few years, US lawmakers have grown increasingly concerned over TikTok’s handling of user data and the relationship between its parent company — the Beijing-based ByteDance — and the Chinese government. We have never provided user data to the Chinese government, nor would we do so if asked.”.

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India government-backed open e-commerce network expands to mobility

TechCrunch

The Open Network for Digital Commerce, an Indian government-backed initiative that is attempting to “democratize” e-commerce , has set its eyes on another industry it would like to disrupt. India government-backed open e-commerce network expands to mobility by Manish Singh originally published on TechCrunch

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India seeks to regulate deepfakes amid ethical concerns

TechCrunch

India is drafting rules to detect and limit the spread of deepfake content and other harmful AI media, a senior lawmaker said Thursday, following reports of proliferation of such content on social media platforms in recent weeks.

India 114