Trade Finance

KuCoin has been charged by US prosecutors along with two of its founders for failing to comply with US anti-money laundering rules. One of the world's largest cryptocurrency exchanges, KuCoin was established in 201. It has now been charged with “wilfully failing” to establish and maintain a program to keep the platform from being used for illic...

Moving away from its traditional focus on just South-South cooperation, India has progressively embraced regional trade agreements with the developed world. The latest deal with four European nations is an example.

Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin ETFs in America.

The year of 2023 saw several growth factors indicating at a boom for Web3 on an international level. From the number of unique active wallets (UAW) and dApps rising last year, the sector recorded a mammoth spike in the total value locked in Decentralised Finance (DeFi). The findings have been published recently by DappRadar.

Unrelenting rain and strong winds battered Hong Kong on Monday, delaying trading in the Asian finance hub and closing schools, as Typhoon Koinu swept towards China's southern island province of Hainan.

A free trade agreement is very close to a final call with the UK while negotiations for a trade pact with Canada are expected to conclude soon, Finance Minister Nirmala Sitharaman said on Friday.

FTX sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion (INR value) they allegedly misappropriated before FTX went bankrupt. FTX said the defendants continually misappropriated funds to finance luxury condominiums, political contributions, speculative investments and othe...

SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.

DeFi platform Kokomo Finance has mysteriously disappeared from all social networking platforms, stirring fear and concerns among the crypto community members that had funds linked to the service. The platform was built on the Optimism Layer-2 blockchain built by Ethereum developers.

Shares of SVB Financial plummeted 60 percent on Thursday and continued to fall in after-hours trading, following an announcement the prior evening that it had lost $1.8 billion in sales of securities to raise funds.

The Finance Ministry on Tuesday announced that it was applying anti-money laundering legislation to crypto trading, safekeeping and related financial services. The government has already levied more stringent tax rules on the crypto sector, including applying a levy on trading in 2022.

India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday.

The Financial Stability Board (FSB) of the G20 said on Thursday it would take steps to tackle "vulnerabilities" and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing, and lending in cryptocurrency assets by using pub...

The Union Budget 2023-24 will be tabled by Finance Minister Nirmala Sitharaman in the Indian Parliament today at 11 am. Just like various other sectors, the crypto market is also expecting some favourable announcements for its growth in India in the coming financial year. From tax regimes that can help the demand for cryptos to a regulatory framewo...

From the Sensex pack, Tata Steel, Wipro, HDFC Bank, HCL Technologies, Kotak Mahindra Bank, Bharti Airtel, HDFC, Titan, ITC and Bajaj Finance were the prominent gainers.

KuCoin has been charged by US prosecutors along with two of its founders for failing to comply with US anti-money laundering rules. One of the world's largest cryptocurrency exchanges, KuCoin was established in 201. It has now been charged with “wilfully failing” to establish and maintain a program to keep the platform from being used for illic...

Moving away from its traditional focus on just South-South cooperation, India has progressively embraced regional trade agreements with the developed world. The latest deal with four European nations is an example.

Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin ETFs in America.

The year of 2023 saw several growth factors indicating at a boom for Web3 on an international level. From the number of unique active wallets (UAW) and dApps rising last year, the sector recorded a mammoth spike in the total value locked in Decentralised Finance (DeFi). The findings have been published recently by DappRadar.

Unrelenting rain and strong winds battered Hong Kong on Monday, delaying trading in the Asian finance hub and closing schools, as Typhoon Koinu swept towards China's southern island province of Hainan.

A free trade agreement is very close to a final call with the UK while negotiations for a trade pact with Canada are expected to conclude soon, Finance Minister Nirmala Sitharaman said on Friday.

FTX sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion (INR value) they allegedly misappropriated before FTX went bankrupt. FTX said the defendants continually misappropriated funds to finance luxury condominiums, political contributions, speculative investments and othe...

SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.

DeFi platform Kokomo Finance has mysteriously disappeared from all social networking platforms, stirring fear and concerns among the crypto community members that had funds linked to the service. The platform was built on the Optimism Layer-2 blockchain built by Ethereum developers.

Shares of SVB Financial plummeted 60 percent on Thursday and continued to fall in after-hours trading, following an announcement the prior evening that it had lost $1.8 billion in sales of securities to raise funds.

The Finance Ministry on Tuesday announced that it was applying anti-money laundering legislation to crypto trading, safekeeping and related financial services. The government has already levied more stringent tax rules on the crypto sector, including applying a levy on trading in 2022.

India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday.

The Financial Stability Board (FSB) of the G20 said on Thursday it would take steps to tackle "vulnerabilities" and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing, and lending in cryptocurrency assets by using pub...

The Union Budget 2023-24 will be tabled by Finance Minister Nirmala Sitharaman in the Indian Parliament today at 11 am. Just like various other sectors, the crypto market is also expecting some favourable announcements for its growth in India in the coming financial year. From tax regimes that can help the demand for cryptos to a regulatory framewo...

From the Sensex pack, Tata Steel, Wipro, HDFC Bank, HCL Technologies, Kotak Mahindra Bank, Bharti Airtel, HDFC, Titan, ITC and Bajaj Finance were the prominent gainers.