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Why Bangladesh Is Facing A Currency Notes Crisis
An order by the interim government to halt the issue of currency notes featuring Bangabandhu Sheikh Mujibur Rahman has the potential of impacting the economy and disrupting citizens' daily lives.
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Probe Agency Seizes 45 Vintage Cars After Raids In Hyderabad
ED on Tuesday said it has seized 45 old cars, including some vintage ones, apart from Rs 23 lakh in cash and some foreign currency during searches in Hyderabad in a money laundering case linked to alleged illegal sale of government.
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
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"If You Don't Pass Me...": What Teachers Found In Class 10 Answer Sheets
The answer sheets carried requests and currency notes: the request was that the examiner help them clear the exam. Say, the examiner found the plea too plain, some students had also slipped in money to make it lucrative for the assessor.
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Bhutan Explores Green Crypto Mining To Boost Economy, Curb Brain Drain
The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said.
-
Rapper Diddy, Awaiting Trial On Sex Trafficking, Using This As Currency In Prison
Sean "Diddy" Combs, currently awaiting trial on multiple charges, including rape, sex trafficking and kidnapping, is reportedly using $1 cans of mackerel, known as "macks," as a form of currency among inmates.
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Trump Says Dollar Will "Always Be Currency Of Choice"
President Donald Trump on Friday said the US dollar is "always" going to be the "currency of choice," as investors fled what is typically considered a key haven currency amid his seesawing tariff policies.
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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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Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
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Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.Â
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"Eye-Wash...": BJP Slams Tamil Nadu Budget, Its 4 MLAs And AIADMK Walk Out
The BJP's four Tamil Nadu MLAs walked out of the Assembly Friday, as the budget was being read out, to protest the currency symbol swap and allegations of corruption in TASMAC, the state-run liquor sales agency.
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Rs 100, Rs 200 Currency Notes To Have RBI Governor Sanjay Malhotra's Signature
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra.
-
Why Bangladesh Is Facing A Currency Notes Crisis
An order by the interim government to halt the issue of currency notes featuring Bangabandhu Sheikh Mujibur Rahman has the potential of impacting the economy and disrupting citizens' daily lives.
-
Probe Agency Seizes 45 Vintage Cars After Raids In Hyderabad
ED on Tuesday said it has seized 45 old cars, including some vintage ones, apart from Rs 23 lakh in cash and some foreign currency during searches in Hyderabad in a money laundering case linked to alleged illegal sale of government.
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
-
"If You Don't Pass Me...": What Teachers Found In Class 10 Answer Sheets
The answer sheets carried requests and currency notes: the request was that the examiner help them clear the exam. Say, the examiner found the plea too plain, some students had also slipped in money to make it lucrative for the assessor.
-
Bhutan Explores Green Crypto Mining To Boost Economy, Curb Brain Drain
The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said.
-
Rapper Diddy, Awaiting Trial On Sex Trafficking, Using This As Currency In Prison
Sean "Diddy" Combs, currently awaiting trial on multiple charges, including rape, sex trafficking and kidnapping, is reportedly using $1 cans of mackerel, known as "macks," as a form of currency among inmates.
-
Trump Says Dollar Will "Always Be Currency Of Choice"
President Donald Trump on Friday said the US dollar is "always" going to be the "currency of choice," as investors fled what is typically considered a key haven currency amid his seesawing tariff policies.
-
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.
-
Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
-
US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
-
Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
-
South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.Â
-
"Eye-Wash...": BJP Slams Tamil Nadu Budget, Its 4 MLAs And AIADMK Walk Out
The BJP's four Tamil Nadu MLAs walked out of the Assembly Friday, as the budget was being read out, to protest the currency symbol swap and allegations of corruption in TASMAC, the state-run liquor sales agency.
-
Rs 100, Rs 200 Currency Notes To Have RBI Governor Sanjay Malhotra's Signature
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra.
