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UK Government Updates Crypto Reporting Guidelines, Mandates Collection of Crypto Transaction Data
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
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Lumax Auto Tech To Secure Remaining IAC India Stake For Rs 221 Cr
The closure of the latest transaction is expected by May 31, 2025, after which IAC India will become a wholly-owned subsidiary of LATL.
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"Nothing Personal": Qatar PM Dismisses Concerns Over Trump Jet Gift Offer
Qatar's offer to donate a luxury jet to the United States was not a personal gift to President Donald Trump but a "government-to-government transaction," the Gulf nation's prime minister said Wednesday.
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Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.
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Meta's Stablecoin Plans Likely to Face Regulatory Pushback as US Senator Warren Questions GENIUS Act
Over the weekend, US Senator Elizabeth Warren snubbed the idea of letting Big Tech companies dive too deep into the stablecoin sector. In an interview with CoinDesk, Warren said that Big Tech's introduction of stablecoin transactions could "choke off small businesses from the payments system."
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Thane Businessman Allegedly Duped Of Rs 4.5 Crore In GST Fraud
A 60-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.5 crore by a man who carried out transactions through his company and evaded payment of Goods and Services Tax (GST), police said on Monday.
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Amazon Great Summer Sale 2025: Best Deals on Earbuds and Headphones During the Sale
Amazon Great Summer Sale 2025 is now live for all shoppers in India. The sale, which started on May 1 after providing an early 12-hour access for Amazon Prime users, brings offers and discounts for products across different categories, including mobile phones, accessories, laptops, wearables, kitchen products, TVs and other electronic appliances. T...
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Amazon Great Summer Sale 2025: Best Deals on Front Loading Washing Machines
If you’re on the hunt for a front-loading washing machine to make laundry less of a hassle, then the Amazon Great Summer Sale 2025 is a great avenue for buying one. The sale kicked off on May 1 for users in India and brings hefty discounts on products across various categories such as smartphones, tablets, headphones, refrigerators, washing machi...
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Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
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GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
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ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
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Amazon Great Summer Sale 2025 Goes Live for Prime Members: Best Offers on Mobile Phones, Electronics
Amazon Great Summer Sale 2025 is now live in early access exclusively for Prime members, 12 hours before it commences for all users in India. It promises discounts across a wide range of categories including smartphones, tablets, laptops, TVs, Amazon devices, and other electronics. The first day of the sale has already brought some great deals. You...
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Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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USDC-Issuer Circle Plans Payment Network to Process Transactions via Stablecoins
With the CPN, Circle aims to offer a cross-border payment solution that is cost effective, swift, compliant, and transparent. It could be of help to global suppliers, small merchants, content creators, and remittance recipients.
-
UK Government Updates Crypto Reporting Guidelines, Mandates Collection of Crypto Transaction Data
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
-
Lumax Auto Tech To Secure Remaining IAC India Stake For Rs 221 Cr
The closure of the latest transaction is expected by May 31, 2025, after which IAC India will become a wholly-owned subsidiary of LATL.
-
"Nothing Personal": Qatar PM Dismisses Concerns Over Trump Jet Gift Offer
Qatar's offer to donate a luxury jet to the United States was not a personal gift to President Donald Trump but a "government-to-government transaction," the Gulf nation's prime minister said Wednesday.
-
Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.
-
Meta's Stablecoin Plans Likely to Face Regulatory Pushback as US Senator Warren Questions GENIUS Act
Over the weekend, US Senator Elizabeth Warren snubbed the idea of letting Big Tech companies dive too deep into the stablecoin sector. In an interview with CoinDesk, Warren said that Big Tech's introduction of stablecoin transactions could "choke off small businesses from the payments system."
-
Thane Businessman Allegedly Duped Of Rs 4.5 Crore In GST Fraud
A 60-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.5 crore by a man who carried out transactions through his company and evaded payment of Goods and Services Tax (GST), police said on Monday.
-
Amazon Great Summer Sale 2025: Best Deals on Earbuds and Headphones During the Sale
Amazon Great Summer Sale 2025 is now live for all shoppers in India. The sale, which started on May 1 after providing an early 12-hour access for Amazon Prime users, brings offers and discounts for products across different categories, including mobile phones, accessories, laptops, wearables, kitchen products, TVs and other electronic appliances. T...
-
Amazon Great Summer Sale 2025: Best Deals on Front Loading Washing Machines
If you’re on the hunt for a front-loading washing machine to make laundry less of a hassle, then the Amazon Great Summer Sale 2025 is a great avenue for buying one. The sale kicked off on May 1 for users in India and brings hefty discounts on products across various categories such as smartphones, tablets, headphones, refrigerators, washing machi...
-
Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
-
GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
-
ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
-
Amazon Great Summer Sale 2025 Goes Live for Prime Members: Best Offers on Mobile Phones, Electronics
Amazon Great Summer Sale 2025 is now live in early access exclusively for Prime members, 12 hours before it commences for all users in India. It promises discounts across a wide range of categories including smartphones, tablets, laptops, TVs, Amazon devices, and other electronics. The first day of the sale has already brought some great deals. You...
-
Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
USDC-Issuer Circle Plans Payment Network to Process Transactions via Stablecoins
With the CPN, Circle aims to offer a cross-border payment solution that is cost effective, swift, compliant, and transparent. It could be of help to global suppliers, small merchants, content creators, and remittance recipients.
