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Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
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Adani Green Energy To Raise $250 Million From Foreign Banks
Adani Green Energy has signed an agreement to borrow $250 million from some global lenders in its first foreign currency loan since the row with the US Department of Justice.
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Charlie Kirk Could Become Youngest American To Appear On US Currency Under New House Proposal
Charlie Kirk may appear on US currency under a new House GOP proposal. Kirk, a fervent supporter and former aide of US President Donald Trump, could be featured on special silver dollar coins.
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Government Keeping "Good Watch" On Exchange Rates: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a 'good watch' on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.
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PepsiCo, The Beverage Company, Was Once A Naval Superpower With Warships
In one of the strangest business deals in history, PepsiCo briefly became the owner of a small Russian Naval Fleet. Over three decades ago, the company acquired 17 submarines, a cruiser, and several warships.
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China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
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"Trump Is Not Happy With India Because...": What Ex-Diplomat Said
One of the reasons behind Washington's punitive tariffs on New Delhi is that US President Donald Trump is miffed with India for ignoring his so-called role in brokering a peace deal with Pakistan following the recent military conflict.
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Swiss Luxury Faces Skyrocketing Prices As Trump's 39% Tariffs Kick In
Prices for the eponymous Swiss watches, Swiss chocolate and Swiss cheese could skyrocket in a week as a result of US President Donald Trump's trade war.
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Maharashtra Woman Duped For Rs 1 Lakh In Currency Exchange Fraud: Cops
Three unidentified persons allegedly duped a woman from Navi Mumbai of Rs 1 lakh under the pretext of providing her US currency in exchange for the Indian money, police said on Wednesday.
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Explained: What Is Tokenization And Why Is It Crypto's Next Big Thing?
Tokenization has long been a buzzword for crypto enthusiasts, who have been arguing for years that blockchain-based assets will change the underlying infrastructure of financial markets.
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Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
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Probe Agency ED Conducts Raids In Multiple Cities In Money Laundering Case
The Enforcement Directorate (ED) on Wednesday conducted search operations in various cities, including Mumbai, Bengaluru, Jalandhar, Indore and Kolkata, in connection with its probe into alleged money laundering in a firm.
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Democrats Look To Block UAE Arms Sales, As Trump Announces New Deals
US congressional Democrats seek to block UAE arms sales over its alleged involvement in Sudan's civil war and concern about crypto currency ties.
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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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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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Hong Kong’s Securities Regulator Approves First Spot Solana ETF
Hong Kong has approved its first spot Solana ETF, becoming the first Asian market to do so ahead of the US. The ChinaAMC Solana ETF will trade in both Chinese yuan and US dollars, with a minimum investment of about $100 (roughly Rs. 8,800). This builds on prior approvals for Bitcoin and Ethereum ETFs, expanding regulated crypto investment options f...
-
Adani Green Energy To Raise $250 Million From Foreign Banks
Adani Green Energy has signed an agreement to borrow $250 million from some global lenders in its first foreign currency loan since the row with the US Department of Justice.
-
Charlie Kirk Could Become Youngest American To Appear On US Currency Under New House Proposal
Charlie Kirk may appear on US currency under a new House GOP proposal. Kirk, a fervent supporter and former aide of US President Donald Trump, could be featured on special silver dollar coins.
-
Government Keeping "Good Watch" On Exchange Rates: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a 'good watch' on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.
-
PepsiCo, The Beverage Company, Was Once A Naval Superpower With Warships
In one of the strangest business deals in history, PepsiCo briefly became the owner of a small Russian Naval Fleet. Over three decades ago, the company acquired 17 submarines, a cruiser, and several warships.
-
China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
-
"Trump Is Not Happy With India Because...": What Ex-Diplomat Said
One of the reasons behind Washington's punitive tariffs on New Delhi is that US President Donald Trump is miffed with India for ignoring his so-called role in brokering a peace deal with Pakistan following the recent military conflict.
-
Swiss Luxury Faces Skyrocketing Prices As Trump's 39% Tariffs Kick In
Prices for the eponymous Swiss watches, Swiss chocolate and Swiss cheese could skyrocket in a week as a result of US President Donald Trump's trade war.
-
Maharashtra Woman Duped For Rs 1 Lakh In Currency Exchange Fraud: Cops
Three unidentified persons allegedly duped a woman from Navi Mumbai of Rs 1 lakh under the pretext of providing her US currency in exchange for the Indian money, police said on Wednesday.
-
Explained: What Is Tokenization And Why Is It Crypto's Next Big Thing?
Tokenization has long been a buzzword for crypto enthusiasts, who have been arguing for years that blockchain-based assets will change the underlying infrastructure of financial markets.
-
Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
-
Probe Agency ED Conducts Raids In Multiple Cities In Money Laundering Case
The Enforcement Directorate (ED) on Wednesday conducted search operations in various cities, including Mumbai, Bengaluru, Jalandhar, Indore and Kolkata, in connection with its probe into alleged money laundering in a firm.
-
Democrats Look To Block UAE Arms Sales, As Trump Announces New Deals
US congressional Democrats seek to block UAE arms sales over its alleged involvement in Sudan's civil war and concern about crypto currency ties.
-
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.
-
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.
