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Sony Bank Plans US Dollar Stablecoin to Support Game, Anime Payments by 2026
Sony Bank is developing a US dollar-backed stablecoin aimed at simplifying payments across Sony’s entertainment ecosystem. The project is currently under regulatory review in the US and is being built with stablecoin provider Bastion. Sony has already begun experimenting with crypto payments, including enabling USDC purchases in Singapore, signal...
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Diwali Bank Holidays 2025: Are Banks Open Today On Govardhan Pooja? Here's What RBI Calendar Says
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
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India Offers Expertise To Central American Nations In Digital, Health And Agricultural Sectors
External Affairs Minister S Jaishankar has offered India's expertise to Central American countries in the fields of digital payment system, information technology, pharmaceuticals, and agriculture to tackle shared problems.
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Australia’s ASIC Grants Exemptions to Stablecoin Intermediaries
The Australian Securities and Investments Commission (ASIC) has introduced class relief that exempts intermediaries from needing separate licences to distribute stablecoins issued by licensed providers. The initiative is intended to lower compliance hurdles and encourage growth in the digital assets sector. At the same time, ASIC emphasised that is...
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Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
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UPI Sees Record 20 Billion Transactions In August, Valued At Rs 24 Lakh Crore
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
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Russia Launches An App That Could Spy On Its Citizens, Likely To Ban WhatsApp
Russia is set to launch a new digital device equipped with a brand new messenger app that experts believe could allow the Kremlin to spy on the Russian public.
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10 Lakh Indians To Receive Free AI Training, Focus On Village Entrepreneurs
At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.
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Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
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PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
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Apple Pay Down: Global Outage Causes Payment Chaos For Millions
Apple Pay experienced a significant global outage on May 16, 2025, affecting over 745 million users worldwide and causing payment failures and difficulties transferring funds.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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Uber's Big Change: Auto Service Now Cash-Only - Find Out Why
Uber has shifted its Auto service to a cash-only model, abandoning digital payments to reduce friction between drivers and riders.
-
Sony Bank Plans US Dollar Stablecoin to Support Game, Anime Payments by 2026
Sony Bank is developing a US dollar-backed stablecoin aimed at simplifying payments across Sony’s entertainment ecosystem. The project is currently under regulatory review in the US and is being built with stablecoin provider Bastion. Sony has already begun experimenting with crypto payments, including enabling USDC purchases in Singapore, signal...
-
Diwali Bank Holidays 2025: Are Banks Open Today On Govardhan Pooja? Here's What RBI Calendar Says
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
-
India Offers Expertise To Central American Nations In Digital, Health And Agricultural Sectors
External Affairs Minister S Jaishankar has offered India's expertise to Central American countries in the fields of digital payment system, information technology, pharmaceuticals, and agriculture to tackle shared problems.
-
Australia’s ASIC Grants Exemptions to Stablecoin Intermediaries
The Australian Securities and Investments Commission (ASIC) has introduced class relief that exempts intermediaries from needing separate licences to distribute stablecoins issued by licensed providers. The initiative is intended to lower compliance hurdles and encourage growth in the digital assets sector. At the same time, ASIC emphasised that is...
-
Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
-
UPI Sees Record 20 Billion Transactions In August, Valued At Rs 24 Lakh Crore
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
-
Russia Launches An App That Could Spy On Its Citizens, Likely To Ban WhatsApp
Russia is set to launch a new digital device equipped with a brand new messenger app that experts believe could allow the Kremlin to spy on the Russian public.
-
10 Lakh Indians To Receive Free AI Training, Focus On Village Entrepreneurs
At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.
-
Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
-
No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
-
PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
-
Apple Pay Down: Global Outage Causes Payment Chaos For Millions
Apple Pay experienced a significant global outage on May 16, 2025, affecting over 745 million users worldwide and causing payment failures and difficulties transferring funds.
-
UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
Uber's Big Change: Auto Service Now Cash-Only - Find Out Why
Uber has shifted its Auto service to a cash-only model, abandoning digital payments to reduce friction between drivers and riders.
