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Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
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HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
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Bhutan Partners With Binance to Launch Crypto Payment System for Tourists
Bhutan has launched a crypto payment system to let users make crypto payments using Binance Pay. The aim is to incentivise tourists with cheaper alternatives to dodge currency exchange rates and limitations in the acceptability of international cards.
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Toll Gates To Soon Get Off The Roads, New Policy In Drafts: Nitin Gadkari
The new system will facilitate automatic deductions from bank accounts using satellite tracking, eliminating the need for manual toll collection.
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Ubisoft Faces Make-or-Break Moment with 'Assassin's Creed Shadows'
Ubisoft is banking on the success of Assassin's Creed Shadows to fight its way out of financial troubles. The company's founding Guillemot family has also been exploring talks with Tencent and other investors on a buyout deal that would let them preserve control.
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Opinion | Andhra Man's Suicide And The Menace Of Illegal Loan Apps
Loan apps are used heavily in rural and semi-rural areas, where formal banking systems are scarce. They target disadvantaged sections of society, that is, people with meagre incomes who are ineligible to obtain credit from established platforms.
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Iran, Russia Link Banking Systems In Latest Bid To Counter Sanctions
Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions.
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Amazon Great Indian Festival: Top Smartphone Offers During the Sale You Shouldn’t Miss
Amazon Great Indian Festival 2024 kicked off in India on September 27, offering exciting deals to all users. Shoppers can find a wide range of electronics, from personal gadgets to home entertainment systems and large appliances, at attractive discounted prices. Additionally, many products can be purchased at even lower effective prices thanks to e...
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Amazon Great Indian Festival Sale: Best Deals on 5.1 Channel Home Theatre Systems
Amazon Great Indian Festival sale has entered its fourth day for all users in India. It brings lucrative deals on a wide range of products across categories such as smartphones, tablets, wearables, electronics, home appliances, and more. If a only the latter is on your mind, then our latest compilation of the best deals on 5.1 channel home theatre ...
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97.96% Rs 2,000 Notes Returned, Rs 7,261 Crore Worth Notes Still With Public
The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public.
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Opinion | How PMJDY Sparked A Ripple Effect Across India's Economy
By bringing millions into the formal banking system, PMJDY has enhanced economic participation, reduced poverty, and contributed to social stability, mirroring the transformative impact of the US's Marshall Plan.
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Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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Basel Committee Addresses Risks Around Permissionless Blockchains: Details
n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
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Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
-
Bhutan Partners With Binance to Launch Crypto Payment System for Tourists
Bhutan has launched a crypto payment system to let users make crypto payments using Binance Pay. The aim is to incentivise tourists with cheaper alternatives to dodge currency exchange rates and limitations in the acceptability of international cards.
-
Toll Gates To Soon Get Off The Roads, New Policy In Drafts: Nitin Gadkari
The new system will facilitate automatic deductions from bank accounts using satellite tracking, eliminating the need for manual toll collection.
-
Ubisoft Faces Make-or-Break Moment with 'Assassin's Creed Shadows'
Ubisoft is banking on the success of Assassin's Creed Shadows to fight its way out of financial troubles. The company's founding Guillemot family has also been exploring talks with Tencent and other investors on a buyout deal that would let them preserve control.
-
Opinion | Andhra Man's Suicide And The Menace Of Illegal Loan Apps
Loan apps are used heavily in rural and semi-rural areas, where formal banking systems are scarce. They target disadvantaged sections of society, that is, people with meagre incomes who are ineligible to obtain credit from established platforms.
-
Iran, Russia Link Banking Systems In Latest Bid To Counter Sanctions
Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions.
-
Amazon Great Indian Festival: Top Smartphone Offers During the Sale You Shouldn’t Miss
Amazon Great Indian Festival 2024 kicked off in India on September 27, offering exciting deals to all users. Shoppers can find a wide range of electronics, from personal gadgets to home entertainment systems and large appliances, at attractive discounted prices. Additionally, many products can be purchased at even lower effective prices thanks to e...
-
Amazon Great Indian Festival Sale: Best Deals on 5.1 Channel Home Theatre Systems
Amazon Great Indian Festival sale has entered its fourth day for all users in India. It brings lucrative deals on a wide range of products across categories such as smartphones, tablets, wearables, electronics, home appliances, and more. If a only the latter is on your mind, then our latest compilation of the best deals on 5.1 channel home theatre ...
-
97.96% Rs 2,000 Notes Returned, Rs 7,261 Crore Worth Notes Still With Public
The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public.
-
Opinion | How PMJDY Sparked A Ripple Effect Across India's Economy
By bringing millions into the formal banking system, PMJDY has enhanced economic participation, reduced poverty, and contributed to social stability, mirroring the transformative impact of the US's Marshall Plan.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
Basel Committee Addresses Risks Around Permissionless Blockchains: Details
n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
