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Trump Extends Deadline for US TikTok Sale to September
US President Donald Trump on Thursday extended to September 17 a deadline for China-based ByteDance to divest the US assets of short-video app TikTok. Trump signed an executive order pushing back Thursday's deadline for 90 days, a step he had previously signaled.
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US Senate Passes Stablecoin Bill in Milestone for Crypto Industry
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
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Trump To Extend TikTok Sale Deadline For Third Time
US President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the U.S. assets of short video app TikTok by 90 days despite a law that had mandated a sale or a shutdown absent significant progress.
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SpaceX President Meets Scindia Days After Starlink Secures India Licence
President and COO of Elon Musk's SpaceX, Gwynne Shotwell, on Tuesday called on Communications Minister Jyotiraditya Scindia, a meeting that comes just days after Starlink secured licence from the Telecom Department.
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Indian-Origin Suspects Among 18 Arrested In Canada Towing Industry Scam
Eighteen people, most of them believed to be of Indian-origin, have been arrested and assets worth over 4.2 million Canadian dollars seized after police dismantled an organised criminal network linked to the towing industry.
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UK Moves Jets To Mideast For Regional Security As Iran, Israel Trade Missiles
Britain is moving additional military assets, including fighter jets, to the Middle East to provide support across the region, Prime Minister Keir Starmer told reporters on Saturday as he was en route to a Group of Seven meeting in Canada.
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Probe Agency ED Restores Assets Worth Rs 611 Crore To Ponzi Scam Victims
In a breakthrough in the Agri Gold Ponzi scheme case, the Hyderabad zonal office of the Enforcement Directorate (ED) has successfully restituted attached properties worth approximately Rs 611 crore (at the time of attachment) to the victims.
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Congress Office, Ex-Minister's Property Worth Rs 6 Crore Seized In Chhattisgarh
The Enforcement Directorate attached properties worth over Rs 6 crore, including assets belonging to former state excise minister Kawasi Lakhma and his son as well as the Congress Bhawan.
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US Airline Shuts Down Operations Abruptly, Tells Passengers "Not To Go To The Airport"
A US-based airline has suddenly ceased all operations, leaving passengers shocked and stranded as they're urged not to go to the airport.
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Exotic Wedding, 19 Plots, Villa, 3 Buildings: Telangana Engineer Faces Corruption Case
A wedding in Thailand for his son, on which crores were spent, a villa, three independent buildings - this lifestyle and assets may seem like they belong to a wealthy businessman, but they are allegedly of an executive engineer in Telangana.
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UK, Allies Sanctions Israeli Ministers For 'Inciting Violence' Against Palestinians
Canada, Australia, New Zealand and Norway joined Britain in freezing the assets and imposing travel bans on Israel's national security minister Ben-Gvir and finance minister Smotrich.
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UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
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South Korea’s Ruling Party Unveils Plan to Allow Stablecoins
South Korea's newly elected President, Lee Jae-myung plans to permit local companies to issue stablecoins in South Korea. The country is already a hotbed for crypto activity. More than a third of the population, or around 18 million people, participate in digital-asset markets.
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Anti-Drugs Agency Freezes Assets Worth 9 Crores In Crackdown on Narco-Financing
The anti-drugs agency or the Narcotics Control Bureau (NCB) has secured the freezing of immovable properties worth Rs 9.20 crore linked to a major amphetamine trafficking case, coming down heavily on narco-financing.
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Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
-
Trump Extends Deadline for US TikTok Sale to September
US President Donald Trump on Thursday extended to September 17 a deadline for China-based ByteDance to divest the US assets of short-video app TikTok. Trump signed an executive order pushing back Thursday's deadline for 90 days, a step he had previously signaled.
-
US Senate Passes Stablecoin Bill in Milestone for Crypto Industry
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
-
Trump To Extend TikTok Sale Deadline For Third Time
US President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the U.S. assets of short video app TikTok by 90 days despite a law that had mandated a sale or a shutdown absent significant progress.
-
SpaceX President Meets Scindia Days After Starlink Secures India Licence
President and COO of Elon Musk's SpaceX, Gwynne Shotwell, on Tuesday called on Communications Minister Jyotiraditya Scindia, a meeting that comes just days after Starlink secured licence from the Telecom Department.
-
Indian-Origin Suspects Among 18 Arrested In Canada Towing Industry Scam
Eighteen people, most of them believed to be of Indian-origin, have been arrested and assets worth over 4.2 million Canadian dollars seized after police dismantled an organised criminal network linked to the towing industry.
-
UK Moves Jets To Mideast For Regional Security As Iran, Israel Trade Missiles
Britain is moving additional military assets, including fighter jets, to the Middle East to provide support across the region, Prime Minister Keir Starmer told reporters on Saturday as he was en route to a Group of Seven meeting in Canada.
-
Probe Agency ED Restores Assets Worth Rs 611 Crore To Ponzi Scam Victims
In a breakthrough in the Agri Gold Ponzi scheme case, the Hyderabad zonal office of the Enforcement Directorate (ED) has successfully restituted attached properties worth approximately Rs 611 crore (at the time of attachment) to the victims.
-
Congress Office, Ex-Minister's Property Worth Rs 6 Crore Seized In Chhattisgarh
The Enforcement Directorate attached properties worth over Rs 6 crore, including assets belonging to former state excise minister Kawasi Lakhma and his son as well as the Congress Bhawan.
-
US Airline Shuts Down Operations Abruptly, Tells Passengers "Not To Go To The Airport"
A US-based airline has suddenly ceased all operations, leaving passengers shocked and stranded as they're urged not to go to the airport.
-
Exotic Wedding, 19 Plots, Villa, 3 Buildings: Telangana Engineer Faces Corruption Case
A wedding in Thailand for his son, on which crores were spent, a villa, three independent buildings - this lifestyle and assets may seem like they belong to a wealthy businessman, but they are allegedly of an executive engineer in Telangana.
-
UK, Allies Sanctions Israeli Ministers For 'Inciting Violence' Against Palestinians
Canada, Australia, New Zealand and Norway joined Britain in freezing the assets and imposing travel bans on Israel's national security minister Ben-Gvir and finance minister Smotrich.
-
UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
-
South Korea’s Ruling Party Unveils Plan to Allow Stablecoins
South Korea's newly elected President, Lee Jae-myung plans to permit local companies to issue stablecoins in South Korea. The country is already a hotbed for crypto activity. More than a third of the population, or around 18 million people, participate in digital-asset markets.
-
Anti-Drugs Agency Freezes Assets Worth 9 Crores In Crackdown on Narco-Financing
The anti-drugs agency or the Narcotics Control Bureau (NCB) has secured the freezing of immovable properties worth Rs 9.20 crore linked to a major amphetamine trafficking case, coming down heavily on narco-financing.
-
Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
