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Rupee At Rs 95? What's Driving The Drop And Why The RBI May Not Hold The Line
Unlike countries that peg their currency (like the UAE) or let markets freely determine exchange rates (like the U.S. or EU), India traditionally walks a middle path, with the RBI intervening to curb sharp fluctuations.
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Coinbase Partners Citi to Boost Stablecoin Adoption Amidst Growing Institutional Interest
Coinbase has joined forces with Wall Street major Citi to improve the functionality and efficiency of stablecoin transactions. The partnership focuses on easing conversions between fiat and digital currencies while enhancing cross-border payment systems. Citi’s involvement highlights a growing institutional push towards blockchain-based finance, ...
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Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
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Anthropic to Open First India Office in Bengaluru in 2026 as Demand for AI Tools Grows
Anthropic's new office will be located in Bengaluru, widely recognized as the technology hub of India, and operations will start early 2026, the company said. The location would serve as its second office in the Asia Pacific region after Tokyo.
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Visiting Beijing For The First Time? 7 Best Things You Must See
If you want to experience a mix of modern and ancient Chinese cultures, Beijing, the capital city, is the place to be.
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Health Ministry Official Duped Of Rs 27 Lakh In Currency Trade Scam, Case Filed
An senior official of the Union Health Ministry was allegedly duped of Rs 27 lakhs under the pretext investing his money into the currency market, Delhi police officials informed on Wednesday.
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CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators
CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the compa...
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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
-
Bitcoin, Ether Prices Drop Under Macroeconomic Pressure as Values of Most Digital Currencies Fall
The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.
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Over 1,000 Crypto ATM Machines Now Active in Australia: Report
The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.
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Turmoil In Indian Currency Market Amid Confusion Over RBI's New Rule
Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.
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India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
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Ferrari Goes Pro-Crypto, Decides to Accept Bitcoin, ETH, USDC Payments for Its Cars
Ferrari will be allowing people in the US to purchase its cars using cryptocurrencies. Bitcoin, Ether, and USD Coin are the cryptocurrencies that have been chosen by the Italian carmaker as acceptable crypto options. BitPay, an app that lets merchants accept crypto payments, has been chosen by Ferrari as its payment gateway that will convert crypto...
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Trade Body Appeals Shopkeepers In Delhi To Not Accept Rs 2,000 Note
A traders' body has appealed to market associations, shopkeepers, traders, and factory owners across Delhi to not accept Rs 2,000 currency notes after September 29.
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X Requested to Suspend Fake Account of Japan’s Top Finance Diplomat
Japan's Ministry of Finance warned of a fake account for its top currency diplomat Masato Kanda on social media X, formerly known as Twitter, as the market fears a currency intervention amid the yen's drop to a one-month-low. The account, under the name "Masato Kanda", appeared to have been created in March and made only four posts to date.
-
Rupee At Rs 95? What's Driving The Drop And Why The RBI May Not Hold The Line
Unlike countries that peg their currency (like the UAE) or let markets freely determine exchange rates (like the U.S. or EU), India traditionally walks a middle path, with the RBI intervening to curb sharp fluctuations.
-
Coinbase Partners Citi to Boost Stablecoin Adoption Amidst Growing Institutional Interest
Coinbase has joined forces with Wall Street major Citi to improve the functionality and efficiency of stablecoin transactions. The partnership focuses on easing conversions between fiat and digital currencies while enhancing cross-border payment systems. Citi’s involvement highlights a growing institutional push towards blockchain-based finance, ...
-
Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
-
Anthropic to Open First India Office in Bengaluru in 2026 as Demand for AI Tools Grows
Anthropic's new office will be located in Bengaluru, widely recognized as the technology hub of India, and operations will start early 2026, the company said. The location would serve as its second office in the Asia Pacific region after Tokyo.
-
Visiting Beijing For The First Time? 7 Best Things You Must See
If you want to experience a mix of modern and ancient Chinese cultures, Beijing, the capital city, is the place to be.
-
Health Ministry Official Duped Of Rs 27 Lakh In Currency Trade Scam, Case Filed
An senior official of the Union Health Ministry was allegedly duped of Rs 27 lakhs under the pretext investing his money into the currency market, Delhi police officials informed on Wednesday.
-
CloudSEK Researchers Expose Social Media-Based Counterfeit Currency Network, Unmasks Perpetrators
CloudSEK, a cybersecurity firm, announced that it has unmasked a syndicate involved in printing and selling counterfeit Indian currency. As per the firm, the group was marketing the fake notes via social media platforms such as Facebook and Instagram, and even used authentic marketing channels such as Meta ads. As per the report shared by the compa...
-
What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
-
Bitcoin, Ether Prices Drop Under Macroeconomic Pressure as Values of Most Digital Currencies Fall
The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.
-
Over 1,000 Crypto ATM Machines Now Active in Australia: Report
The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.
-
Turmoil In Indian Currency Market Amid Confusion Over RBI's New Rule
Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.
-
India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
-
Ferrari Goes Pro-Crypto, Decides to Accept Bitcoin, ETH, USDC Payments for Its Cars
Ferrari will be allowing people in the US to purchase its cars using cryptocurrencies. Bitcoin, Ether, and USD Coin are the cryptocurrencies that have been chosen by the Italian carmaker as acceptable crypto options. BitPay, an app that lets merchants accept crypto payments, has been chosen by Ferrari as its payment gateway that will convert crypto...
-
Trade Body Appeals Shopkeepers In Delhi To Not Accept Rs 2,000 Note
A traders' body has appealed to market associations, shopkeepers, traders, and factory owners across Delhi to not accept Rs 2,000 currency notes after September 29.
-
X Requested to Suspend Fake Account of Japan’s Top Finance Diplomat
Japan's Ministry of Finance warned of a fake account for its top currency diplomat Masato Kanda on social media X, formerly known as Twitter, as the market fears a currency intervention amid the yen's drop to a one-month-low. The account, under the name "Masato Kanda", appeared to have been created in March and made only four posts to date.
