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Congress asks U.S. agencies for Kaspersky Lab cyber documents

 A U.S. congressional panel this week asked 22 government agencies to share documents on Moscow-based cyber firm Kaspersky Lab, saying its products could be used to carry out "nefarious activities against the United States," according to letters seen by Reuters. The requests made on Thursday by the U.S. House of Representatives Committee on Science, Space and Technology are the latest blow to the antivirus company, which has been countering accusations by U.S. officials that it may be vulnerable to Russian government influence. The committee asked the agencies for all documents and communications about Kaspersky Lab products dating back to Jan. 1, 2013, including any internal risk assessments. It also requested lists of any systems that use Kaspersky products and the names of any U.S. government contractors or subcontractors that do so. Kaspersky has repeatedly denied that it has ties to any government and said it would not help any government with cyber espionage. It

India’s Central Bank Approve Bitcoin as Legal Tender

Merely weeks after  cautioning residents  that bitcoin companies weren’t authorized or licensed to operate in the country, India’s central bank is reportedly not including bitcoin under the purview of regulations for digital payments. In essence, the cryptocurrency will not be legitimized as a legal form of payment or settlement in an economy which is the world’s largest receiver of remittances, anytime soon. Claim Your $500 worth of Bitcoin  Digital payments and financial technology (Fintech) solutions have caught on rampantly amongst the Indian society in recent times, particularly after a sweeping, unprecedented  cash crunch  brought on by the government’s demonetization drive. In light of these new innovations, the  Payments and Settlement Systems Act of 2007  [PDF], the code by which payment systems are regulated, was amended to include digital payment gateways and platforms. The amended regulations will look to deem physical cash and digital cash as equals, with develo