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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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"Not Domiciled Here": Mauritius Financial Services Commission On Fund At Heart Of Hindenburg Allegation Against SEBI Chief
Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation.
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Crypto Purchase Via Credit Card Could be Banned in South Korea, Here’s Why
The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards. For now, the regulator has opened the topic for public feedback up until February 13. After review of this feedback, a concrete decision on the subject is likely to be finalised in the first half of 2024.
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Binance to Close Australian Derivatives Business Amid Financial Services Licence Cancellation
Binance will close its Australian derivatives business after relinquishing a financial services licence on Thursday amid a regulatory probe into its operations. The Australian Securities and Investment Commission (ASIC) has been conducting a "targeted review" of Binance, first confirmed in February, when Binance said it had misclassified some retai...
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FTX Collapse: US Authorities Reportedly Approach Investors for Information on FTX, Sam Bankman-Fried
FTX investors and trading firms who worked closely with the bankrupt crypto exchange have been asked by US authorities to hand over details on the company. The authorities are also asking for details of key figures at FTX, including Sam Bankman-Fried and Caroline Ellison. Meanwhile, the US Department of Justice's bankruptcy watchdog has called for ...
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Australia's Corporate Watchdog Suspends FTX Australia's Financial Services License
The Australian Securities & Investments Commission (ASIC) announced late Tuesday that it had suspended the Australian financial services license of FTX Australia until May 15, 2023. The agency had previously placed the local FTX affiliate in voluntary administration on November 11.
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Australia Enables Auto Take-Down of Scam Crypto Sites, UK’s Netcraft to Give Countermeasure Service
The Australian Competition and Consumer Commission (ACCC) is tightening its noose around crypto scam websites, that are posing major financial risk to innocent investors. The body is also looking to educate people on the different ways that scammers could steal digital assets from their pockets. The new trial also sees the Australian Securities and...
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Elon Musk’s Fight Over Twitter Deal Could Attract Further SEC Scrutiny, Experts Say
Elon Musk’s fight with Twitter over his $44 billion (roughly Rs. XXX crore) deal to buy the microblogging service could draw further scrutiny from the US Securities and Exchange Commission (SEC), according to experts. The SEC might want to investigate whether Musk misled the market during the deal. The social media service has not only alleged th...
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5G Spectrum Prices in India: TRAI Said to Be Unlikely to Review Base Price
The Digitial Communications Commission (DCC) in its last meeting on June 13 decided to refer the spectrum proposals back to the regulator for a review and clarification on many aspects, including a relook at the base price.
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GST "Big Challenge" For Gujarat's Future Finances: Finance Body Chief
The Goods and Services Tax is set to become a big challenge for the otherwise "financially prudent" Gujarat once the 14 per cent compensation commitment of the centre winds up, 15th Finance Commission Chairman NK Singh said on Monday.
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Donald Trump To Nominate Indian-American As Commissioner Of Federal Trade Commission
US President Donald Trump intends to nominate an Indian-American financial services expert as a commissioner to the Federal Trade Commission, the White House said today.
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UGC To Audit 10 Central Universities For Financial, Administrative And Academic Irregularities
The University Grants Commission (UGC) has directed special audit in 10 central universities in the country to check complaints of financial, administrative, and academic irregularities, officials said on Friday.
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Samsung Execs Investigated for Possible Insider Trading
South Korea's financial regulator said today it is investigating possible insider trading by Samsung executives related to a contentious takeover deal.
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Nearly a '100 Per Cent Banked Country': India to UN
India is a "nearly 100 per cent banked country" that offers its citizens universal access to financial services aimed at spurring development, a UN commission heard on Thursday.
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Himachal Pradesh seeks Rs 1,972 crore for calamity relief
Himachal Pradesh Chief Minister Virbhadra Singh on Tuesday called on Prime Minister Manmohan Singh and requested him to provide financial assistance of Rs.1,972.08 crore.
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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.
-
"Not Domiciled Here": Mauritius Financial Services Commission On Fund At Heart Of Hindenburg Allegation Against SEBI Chief
Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation.
-
Crypto Purchase Via Credit Card Could be Banned in South Korea, Here’s Why
The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards. For now, the regulator has opened the topic for public feedback up until February 13. After review of this feedback, a concrete decision on the subject is likely to be finalised in the first half of 2024.
-
Binance to Close Australian Derivatives Business Amid Financial Services Licence Cancellation
Binance will close its Australian derivatives business after relinquishing a financial services licence on Thursday amid a regulatory probe into its operations. The Australian Securities and Investment Commission (ASIC) has been conducting a "targeted review" of Binance, first confirmed in February, when Binance said it had misclassified some retai...
-
FTX Collapse: US Authorities Reportedly Approach Investors for Information on FTX, Sam Bankman-Fried
FTX investors and trading firms who worked closely with the bankrupt crypto exchange have been asked by US authorities to hand over details on the company. The authorities are also asking for details of key figures at FTX, including Sam Bankman-Fried and Caroline Ellison. Meanwhile, the US Department of Justice's bankruptcy watchdog has called for ...
-
Australia's Corporate Watchdog Suspends FTX Australia's Financial Services License
The Australian Securities & Investments Commission (ASIC) announced late Tuesday that it had suspended the Australian financial services license of FTX Australia until May 15, 2023. The agency had previously placed the local FTX affiliate in voluntary administration on November 11.
-
Australia Enables Auto Take-Down of Scam Crypto Sites, UK’s Netcraft to Give Countermeasure Service
The Australian Competition and Consumer Commission (ACCC) is tightening its noose around crypto scam websites, that are posing major financial risk to innocent investors. The body is also looking to educate people on the different ways that scammers could steal digital assets from their pockets. The new trial also sees the Australian Securities and...
-
Elon Musk’s Fight Over Twitter Deal Could Attract Further SEC Scrutiny, Experts Say
Elon Musk’s fight with Twitter over his $44 billion (roughly Rs. XXX crore) deal to buy the microblogging service could draw further scrutiny from the US Securities and Exchange Commission (SEC), according to experts. The SEC might want to investigate whether Musk misled the market during the deal. The social media service has not only alleged th...
-
5G Spectrum Prices in India: TRAI Said to Be Unlikely to Review Base Price
The Digitial Communications Commission (DCC) in its last meeting on June 13 decided to refer the spectrum proposals back to the regulator for a review and clarification on many aspects, including a relook at the base price.
-
GST "Big Challenge" For Gujarat's Future Finances: Finance Body Chief
The Goods and Services Tax is set to become a big challenge for the otherwise "financially prudent" Gujarat once the 14 per cent compensation commitment of the centre winds up, 15th Finance Commission Chairman NK Singh said on Monday.
-
Donald Trump To Nominate Indian-American As Commissioner Of Federal Trade Commission
US President Donald Trump intends to nominate an Indian-American financial services expert as a commissioner to the Federal Trade Commission, the White House said today.
-
UGC To Audit 10 Central Universities For Financial, Administrative And Academic Irregularities
The University Grants Commission (UGC) has directed special audit in 10 central universities in the country to check complaints of financial, administrative, and academic irregularities, officials said on Friday.
-
Samsung Execs Investigated for Possible Insider Trading
South Korea's financial regulator said today it is investigating possible insider trading by Samsung executives related to a contentious takeover deal.
-
Nearly a '100 Per Cent Banked Country': India to UN
India is a "nearly 100 per cent banked country" that offers its citizens universal access to financial services aimed at spurring development, a UN commission heard on Thursday.
-
Himachal Pradesh seeks Rs 1,972 crore for calamity relief
Himachal Pradesh Chief Minister Virbhadra Singh on Tuesday called on Prime Minister Manmohan Singh and requested him to provide financial assistance of Rs.1,972.08 crore.
