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Family Seeks Suicide Note, Rejects Financial Debt Theory In Panchkula Tragedy
With Panchkula shocked as seven members of a family were found dead in a car and police suspect a mass suicide allegedly due to financial stress, the family members are demanding transparency from authorities, especially the release of a suicide note
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Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
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Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
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USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority Â
The Dubai Financial Services Authority (DFSA) has officially recognised USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). Firms operating in the DIFC are only permitted to use DFSA-approved tokens, ensuring compliance and mitigating financial risks and potential losses.
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Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy
On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.
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UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
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EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
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Panipuri Vendor Gets GST Notice After Earning Rs 40 Lakh, Internet Divided
A pani puri vendor from Tamil Nadu has come under the Goods and Services Tax (GST) authorities' scanner after reportedly receiving online payments amounting to Rs 40 lakh during the 2023-24 financial year.
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Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
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Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
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UNODC Proposes Penalties for Unlicensed Crypto Firms in Southeast Asia to Combat Growing Cyber Fraud
In response to the surge in cyber fraud across Southeast Asia, the UNODC has recommended penalizing unlicensed crypto firms, which are being exploited by money launderers to enable illegal transactions. The report emphasizes the need for authorities to "identify and prevent" unregulated and unlicensed Virtual Asset Service Providers (VASPs), partic...
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Head of Mossad's Financial Network Arrested In Turkey
Turkish authorities have arrested Liridon Rexhepi, the head of Israel's Mossad intelligence agency's financial network in Turkey, according to a report by state media.
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Family Seeks Suicide Note, Rejects Financial Debt Theory In Panchkula Tragedy
With Panchkula shocked as seven members of a family were found dead in a car and police suspect a mass suicide allegedly due to financial stress, the family members are demanding transparency from authorities, especially the release of a suicide note
-
Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
-
Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
-
USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority Â
The Dubai Financial Services Authority (DFSA) has officially recognised USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). Firms operating in the DIFC are only permitted to use DFSA-approved tokens, ensuring compliance and mitigating financial risks and potential losses.
-
Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy
On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.
-
UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
-
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
-
Panipuri Vendor Gets GST Notice After Earning Rs 40 Lakh, Internet Divided
A pani puri vendor from Tamil Nadu has come under the Goods and Services Tax (GST) authorities' scanner after reportedly receiving online payments amounting to Rs 40 lakh during the 2023-24 financial year.
-
Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
-
Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
-
UNODC Proposes Penalties for Unlicensed Crypto Firms in Southeast Asia to Combat Growing Cyber Fraud
In response to the surge in cyber fraud across Southeast Asia, the UNODC has recommended penalizing unlicensed crypto firms, which are being exploited by money launderers to enable illegal transactions. The report emphasizes the need for authorities to "identify and prevent" unregulated and unlicensed Virtual Asset Service Providers (VASPs), partic...
-
Head of Mossad's Financial Network Arrested In Turkey
Turkish authorities have arrested Liridon Rexhepi, the head of Israel's Mossad intelligence agency's financial network in Turkey, according to a report by state media.
