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HSBC to Launch RedCoin Stablecoin in Hong Kong
HSBC has named its Hong Kong dollar-pegged stablecoin RedCoin ahead of its expected launch in the second half of 2026. The token has not yet been issued and will initially be available only through PayMe and the HSBC HK mobile app. Corporate and institutional applications are planned for later phases, although HSBC has not provided a timeline.
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ECB, EU Central Banks Call for Revisions to MiCA Stablecoin Deposit Requirement
The European System of Central Banks has proposed replacing MiCA’s minimum bank deposit requirement for stablecoin reserves with liquidity-based criteria. The recommendation would allow issuers to use instruments such as overnight reverse repos and short-term sovereign bonds to meet liquidity needs. The ESCB also raised concerns about non-complia...
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Frequent Painkiller, Antibiotic Use Can Raise Kidney Risks: Drug Regulator Warns
Hospitals and healthcare institutions have been advised to strengthen systems for rational prescribing and monitoring of NSAIDs and antibiotics.
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European Union Fines Google $462 Million For Data Location Breach
The DPC is responsible for overseeing Google at the European level because, like most tech giants, the company has its European headquarters in Ireland.
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Speed Limit, Rules And Restrictions On Mumbai's Coastal Road: 3 Dead In BMW Crash
Here's a closer look at the Mumbai Coastal Road project, its significance to the city, and the rules motorists must follow while using the corridor.
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Trump Extends H-1B Visa Restrictions: What Does The $100,000 Fee Mean For Indian Professionals?
The US has extended the controversial H-1B restriction until September 2027. But the $100,000 payment does not apply to every H-1B worker.
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Maharashtra FDA Puts Infant Nutrition Products Under The Scanner: How Much Scrutiny Do These Products Actually Face?
Maharashtra FDA plans to intensify scrutiny of infant food after government data revealed multiple non-compliant samples in recent years.
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64% Indians Say Chemists Rarely Ask For A Doctor's Prescription: Survey
As the government moves to tighten prescription compliance, the focus is therefore not only on installing cameras, but also on ensuring that medicines are dispensed under qualified pharmacist supervision.
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Prescription Drugs May Soon Be Sold Under CCTV Surveillance At Pharmacies: Centre
The Centre has proposed CCTV surveillance at licensed retail premises for prescription-drug sales, with recordings to be preserved for at least three months.
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Clarity Act Failure Leads to Liquidations of Crypto Longs Worth $570 Million
Crypto markets saw about $571 million (roughly Rs. 5,479 crore) in long-position liquidations over 24 hours after the US Senate failed to advance the CLARITY Act. Bitcoin and Ether accounted for roughly $190 million each, while XRP and Solana saw smaller losses. The Senate’s September 15 cloture vote on H.R. 3633 ended 49-50, falling short of the...
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India Issues Nationwide Alert Against Pakistan-Made Fairness Creams Over Heavy Metals Presence
India's drug regulator issues nationwide alert against two Pakistan-made skin-whitening creams over excessive heavy metals and lack of import registration.
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Gurugram Hit-And-Run Case: Why Dashcams Are Still Not Popular On Two-Wheelers
A dashcam is a compact camera system that continuously records the road ahead, and in some cases behind, while a vehicle is in motion.
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'Need To Safeguard City's Security': Beijing To Ban Drone Possession
The rules, announced on Sunday and due to take effect on November 15, forbid possessing or storing unmanned aerial vehicles (UAVs) in the Chinese capital and ban flights in its airspace.
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FCA Explores Regulatory Exemption for Tokenised Gold Products
The UK Financial Conduct Authority is exploring whether certain tokenised gold products should receive exemptions from existing collective investment scheme and alternative investment fund rules. The discussions with HM Treasury and the Bank of England are aimed at determining whether current regulations are suitable for emerging gold-market infras...
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Trump Rejects Calls To Slow AI Development Amid Race With China
While acknowledging the need for some regulation, Trump provided no specifics about potential rules and attributed warnings about the technology moving too quickly
-
HSBC to Launch RedCoin Stablecoin in Hong Kong
HSBC has named its Hong Kong dollar-pegged stablecoin RedCoin ahead of its expected launch in the second half of 2026. The token has not yet been issued and will initially be available only through PayMe and the HSBC HK mobile app. Corporate and institutional applications are planned for later phases, although HSBC has not provided a timeline.
-
ECB, EU Central Banks Call for Revisions to MiCA Stablecoin Deposit Requirement
The European System of Central Banks has proposed replacing MiCA’s minimum bank deposit requirement for stablecoin reserves with liquidity-based criteria. The recommendation would allow issuers to use instruments such as overnight reverse repos and short-term sovereign bonds to meet liquidity needs. The ESCB also raised concerns about non-complia...
-
Frequent Painkiller, Antibiotic Use Can Raise Kidney Risks: Drug Regulator Warns
Hospitals and healthcare institutions have been advised to strengthen systems for rational prescribing and monitoring of NSAIDs and antibiotics.
-
European Union Fines Google $462 Million For Data Location Breach
The DPC is responsible for overseeing Google at the European level because, like most tech giants, the company has its European headquarters in Ireland.
-
Speed Limit, Rules And Restrictions On Mumbai's Coastal Road: 3 Dead In BMW Crash
Here's a closer look at the Mumbai Coastal Road project, its significance to the city, and the rules motorists must follow while using the corridor.
-
Trump Extends H-1B Visa Restrictions: What Does The $100,000 Fee Mean For Indian Professionals?
The US has extended the controversial H-1B restriction until September 2027. But the $100,000 payment does not apply to every H-1B worker.
-
Maharashtra FDA Puts Infant Nutrition Products Under The Scanner: How Much Scrutiny Do These Products Actually Face?
Maharashtra FDA plans to intensify scrutiny of infant food after government data revealed multiple non-compliant samples in recent years.
-
64% Indians Say Chemists Rarely Ask For A Doctor's Prescription: Survey
As the government moves to tighten prescription compliance, the focus is therefore not only on installing cameras, but also on ensuring that medicines are dispensed under qualified pharmacist supervision.
-
Prescription Drugs May Soon Be Sold Under CCTV Surveillance At Pharmacies: Centre
The Centre has proposed CCTV surveillance at licensed retail premises for prescription-drug sales, with recordings to be preserved for at least three months.
-
Clarity Act Failure Leads to Liquidations of Crypto Longs Worth $570 Million
Crypto markets saw about $571 million (roughly Rs. 5,479 crore) in long-position liquidations over 24 hours after the US Senate failed to advance the CLARITY Act. Bitcoin and Ether accounted for roughly $190 million each, while XRP and Solana saw smaller losses. The Senate’s September 15 cloture vote on H.R. 3633 ended 49-50, falling short of the...
-
India Issues Nationwide Alert Against Pakistan-Made Fairness Creams Over Heavy Metals Presence
India's drug regulator issues nationwide alert against two Pakistan-made skin-whitening creams over excessive heavy metals and lack of import registration.
-
Gurugram Hit-And-Run Case: Why Dashcams Are Still Not Popular On Two-Wheelers
A dashcam is a compact camera system that continuously records the road ahead, and in some cases behind, while a vehicle is in motion.
-
'Need To Safeguard City's Security': Beijing To Ban Drone Possession
The rules, announced on Sunday and due to take effect on November 15, forbid possessing or storing unmanned aerial vehicles (UAVs) in the Chinese capital and ban flights in its airspace.
-
FCA Explores Regulatory Exemption for Tokenised Gold Products
The UK Financial Conduct Authority is exploring whether certain tokenised gold products should receive exemptions from existing collective investment scheme and alternative investment fund rules. The discussions with HM Treasury and the Bank of England are aimed at determining whether current regulations are suitable for emerging gold-market infras...
-
Trump Rejects Calls To Slow AI Development Amid Race With China
While acknowledging the need for some regulation, Trump provided no specifics about potential rules and attributed warnings about the technology moving too quickly
