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US Dollar Weakness Opens Door For RBI To Further Cut Repo Rates: Report
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, as per a report by global financial services firm Jefferies.
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Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
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What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US. Â
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Blog | Gaza: What To Think About When You're Too Tired To Think About War
Amid the fire and fury, a quieter story is also unfolding, however invisible it may be: Israelis and Palestinians, Jewish and Arab citizens within Israel, and a few cases in the occupied West Bank, working to build a shared and peaceful society.
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Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
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FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors
FalconX has announced a partnered with the Standard Chartered bank on Wednesday. Under the partnership, FalconX said it will integrate the bank's traditional finance infrastructure into its own offerings and cater to institutional investors.
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US Investment Banker's Cause Of Death Revealed After Months-Long Investigation
Carter McIntosh, a 28-year-old investment banker at Jefferies Financial Group's Dallas office, died from an "accidental overdose" of fentanyl and cocaine, Business Insider reported.
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US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
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US Readies Russia Sanctions Over Ukraine, Unclear If Trump Will Sign: Report
US officials have finalized new economic sanctions against Russia, including banking and energy measures, according to US officials and a source.
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US Trade Blacklist On China Riddled With Errors, Outdated Details
Doris Au discovered after searching online that another firm with a similar name was added to the US trade blacklist in October 2023.
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Banker At US Firm Hospitalised With Pancreatic Failure After 110-Hour Workweek
The bankers claimed that they were assigned 20-hour workdays and faced criticism if they left their desks after working all night.
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
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US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
![Gadgets 360 With Technical Guruji: Ask TG [July 20, 2024]](https://c.ndtvimg.com/2024-03/u3tanisc_ask-tg_640x480_09_March_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: Ask TG [July 20, 2024]")
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US Dollar Weakness Opens Door For RBI To Further Cut Repo Rates: Report
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, as per a report by global financial services firm Jefferies.
-
Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
-
Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
-
What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US. Â
-
Blog | Gaza: What To Think About When You're Too Tired To Think About War
Amid the fire and fury, a quieter story is also unfolding, however invisible it may be: Israelis and Palestinians, Jewish and Arab citizens within Israel, and a few cases in the occupied West Bank, working to build a shared and peaceful society.
-
Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
-
FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors
FalconX has announced a partnered with the Standard Chartered bank on Wednesday. Under the partnership, FalconX said it will integrate the bank's traditional finance infrastructure into its own offerings and cater to institutional investors.
-
US Investment Banker's Cause Of Death Revealed After Months-Long Investigation
Carter McIntosh, a 28-year-old investment banker at Jefferies Financial Group's Dallas office, died from an "accidental overdose" of fentanyl and cocaine, Business Insider reported.
-
US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
-
US Readies Russia Sanctions Over Ukraine, Unclear If Trump Will Sign: Report
US officials have finalized new economic sanctions against Russia, including banking and energy measures, according to US officials and a source.
-
US Trade Blacklist On China Riddled With Errors, Outdated Details
Doris Au discovered after searching online that another firm with a similar name was added to the US trade blacklist in October 2023.
-
Banker At US Firm Hospitalised With Pancreatic Failure After 110-Hour Workweek
The bankers claimed that they were assigned 20-hour workdays and faced criticism if they left their desks after working all night.
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
-
US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
