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CFTC Explores Stablecoins Collateral Initiative in US Derivatives Market
The US Commodity Futures Trading Commission (CFTC) has proposed allowing stablecoins and tokenised assets as collateral in derivatives markets. Acting chair Caroline Pham said the plan would modernise collateral frameworks, with feedback open until October 20. Crypto executives from Circle, Coinbase, and Ripple welcomed the initiative, calling it a...
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Not Even Ice Cream Is Safe from AI: Magnum to Use AI Technology to Create New Products
Artificial intelligence (AI) is now moving into the world of ice cream. The technology, which has already transformed multiple industries and workplaces, will soon be used to design new frozen dessert formulations and optimise products. On Monday, The Magnum Ice Cream Company (TMICC) announced a collaboration with an AI startup to explore these pos...
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Kremlin Shrugs Off EU Plans To Speed Up Phase-Out Of Russia's Energy
The European Union's plans to phase out Russian energy and commodities more quickly will not affect Russia and will not force it to change its position, Kremlin spokesman Dmitry Peskov said on Wednesday.
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Buddy Act: Tejashwi Yadav, Rahul Gandhi, And The Bihar Dream
In Bihar, Rahul Gandhi does not stand as an outsider, but as Tejashwi's friend in a state where friendships are rare commodities in politics and alliances are stitched with suspicion.
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Adani Enterprises Sells 20% Stake In AWL Agri Business To Wilmar International
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
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Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. Â May 30 will mark Mersinger's last day of working at the CFTC.Â
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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
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US SEC Says Stablecoins Aren’t Securities That Require Registration
US SEC has determined that the assets, generally, aren’t securities. The determination applies as long as a crypto asset is backed by a stable currency such as the US dollar, a commodity like gold or a pool of other assets.
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Trump Tariff Effect: Stock Meltdown Fuels Worst Day At Markets Since Covid
The "America First" trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the US economy sinking alongside the dollar.
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Hyundai Motor India to Hike Vehicle Prices by Up to Three Percent From April
Hyundai Motor India Ltd (HMIL) will hike prices of its vehicles by up to three percent effective in April 2025. The price increase is due to rising input costs, increased commodity prices and higher operational expenses, amongst other reasons, it said.
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India Star Given Huge Praise, Called 'Rare Commodity'. It Is Not Virat Kohli Or Rohit Sharma
Former India opener Murali Vijay has singled out an India star for special praise ahead of the Champions Trophy 2025 final.
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US President Donald Trump Signs Executive Actions Related to Crypto, AI
The crypto order creates a working group to advise the White House on digital asset policies and will include the involvement of key federal agencies, like the Treasury Department, Justice Department, Securities and Exchange Commission and the Commodity Futures Trading Commission.
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US SEC Unveils Task Force to Start Work on Crypto Regulations
The US SEC has created a task force to develop a regulatory framework for crypto assets. The task force will help lawmakers as they draft crypto-related legislation while coordinating with other federal bodies, such as the Commodity Futures Trading Commission, as well as state and foreign agencies.
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Taking Timely Decisions To Stabilise Food Prices: Centre
The central government on Friday said it is closely monitoring the prices and availability of essential food commodities to ensure affordability to consumers and maintain a stable price regime.
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SEBI Notifies Withdrawal Of Recognition Granted To Indian Commodity Exchange
Market regulator Sebi has notified that the recognition granted to the Indian Commodity Exchange Ltd (ICEX) has been withdrawn, formally signifying its exit from the bourse business.
-
CFTC Explores Stablecoins Collateral Initiative in US Derivatives Market
The US Commodity Futures Trading Commission (CFTC) has proposed allowing stablecoins and tokenised assets as collateral in derivatives markets. Acting chair Caroline Pham said the plan would modernise collateral frameworks, with feedback open until October 20. Crypto executives from Circle, Coinbase, and Ripple welcomed the initiative, calling it a...
-
Not Even Ice Cream Is Safe from AI: Magnum to Use AI Technology to Create New Products
Artificial intelligence (AI) is now moving into the world of ice cream. The technology, which has already transformed multiple industries and workplaces, will soon be used to design new frozen dessert formulations and optimise products. On Monday, The Magnum Ice Cream Company (TMICC) announced a collaboration with an AI startup to explore these pos...
-
Kremlin Shrugs Off EU Plans To Speed Up Phase-Out Of Russia's Energy
The European Union's plans to phase out Russian energy and commodities more quickly will not affect Russia and will not force it to change its position, Kremlin spokesman Dmitry Peskov said on Wednesday.
-
Buddy Act: Tejashwi Yadav, Rahul Gandhi, And The Bihar Dream
In Bihar, Rahul Gandhi does not stand as an outsider, but as Tejashwi's friend in a state where friendships are rare commodities in politics and alliances are stitched with suspicion.
-
Adani Enterprises Sells 20% Stake In AWL Agri Business To Wilmar International
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
-
Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO
Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), has been appointed as the CEO of the Washington DC-based Blockchain Association. Â May 30 will mark Mersinger's last day of working at the CFTC.Â
-
Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
-
US SEC Says Stablecoins Aren’t Securities That Require Registration
US SEC has determined that the assets, generally, aren’t securities. The determination applies as long as a crypto asset is backed by a stable currency such as the US dollar, a commodity like gold or a pool of other assets.
-
Trump Tariff Effect: Stock Meltdown Fuels Worst Day At Markets Since Covid
The "America First" trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the US economy sinking alongside the dollar.
-
Hyundai Motor India to Hike Vehicle Prices by Up to Three Percent From April
Hyundai Motor India Ltd (HMIL) will hike prices of its vehicles by up to three percent effective in April 2025. The price increase is due to rising input costs, increased commodity prices and higher operational expenses, amongst other reasons, it said.
-
India Star Given Huge Praise, Called 'Rare Commodity'. It Is Not Virat Kohli Or Rohit Sharma
Former India opener Murali Vijay has singled out an India star for special praise ahead of the Champions Trophy 2025 final.
-
US President Donald Trump Signs Executive Actions Related to Crypto, AI
The crypto order creates a working group to advise the White House on digital asset policies and will include the involvement of key federal agencies, like the Treasury Department, Justice Department, Securities and Exchange Commission and the Commodity Futures Trading Commission.
-
US SEC Unveils Task Force to Start Work on Crypto Regulations
The US SEC has created a task force to develop a regulatory framework for crypto assets. The task force will help lawmakers as they draft crypto-related legislation while coordinating with other federal bodies, such as the Commodity Futures Trading Commission, as well as state and foreign agencies.
-
Taking Timely Decisions To Stabilise Food Prices: Centre
The central government on Friday said it is closely monitoring the prices and availability of essential food commodities to ensure affordability to consumers and maintain a stable price regime.
-
SEBI Notifies Withdrawal Of Recognition Granted To Indian Commodity Exchange
Market regulator Sebi has notified that the recognition granted to the Indian Commodity Exchange Ltd (ICEX) has been withdrawn, formally signifying its exit from the bourse business.
