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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
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Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
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ROADIS Brings Real Madrid Foundation To Varanasi, Establishes Social Sports Schools
ROADIS - a Madrid headquartered multinational leader in the investment, development, operation, and management of global infrastructure assets has launched Social Sports Schools in Varanasi in collaboration with the Real Madrid Foundation (RMF).
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Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
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Opinion | Tech's Final Frontier: Death-Tech In India
Growing number of grief-tech startups have emerged in recent years, providing services related to end-of-life planning and post-mortem support. These services include digital wills, funeral planning assistance, after-death care, and asset management
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All About HYDRA, Body Behind Nagarjuna's Convention Centre Demolition
HYDRA is a unified body created by the Telangana government in July to manage disaster response and protect public assets within the Telangana Core Urban Region.
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Hong Kong to Launch 'Inverse Bitcoin ETF' for First Time in Asia
Hong Kong is set to launch Bitcoin Futures Daily (-1x) Inverse Product on the city's stock exchange this week. Through this, investors will be able to bet on a fall in the cryptocurrency.
-
Adobe Experience Platform AI Assistant With Content Generation, Automation Features Now Generally Available
Adobe announced the general availability of the Adobe Experience Platform (AEP) AI assistant on Thursday. The AEP is a customer experience management platform using which businesses can monitor and analyse customer data and execute marketing campaigns for their products and services. The platform’s AI assistant was first previewed at the Adobe Su...
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Kotak AMC's Nilesh Shah Proposes 84-Hour Work Week, Internet Reacts
Mr Shah has sparked a huge debate on social media after suggesting that India's work culture needs to change and that people should be prepared to work for 84 hours a week.
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Crypto-Backed Investment Products Made Over $930 Million Last Week: CoinShares Data
In its recent data, CoinShares showed that investment products backed by digital assets like NFTs, and cryptocurrencies managed to garner $932 million (roughly Rs. 7,766 crore) in last week’s four-day period between May 13 and May 17.
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Assets Of Those Who 'Managed' Crime Money Of Lawrence Bishnoi Attached
Cash, bank deposits and land worth Rs 17.82 crore belonging to the family members of "gangster" Surender Singh alias Chiku have been attached as part of a money laundering investigation against the Lawrence Bishnoi gang.
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
BlackRock, Neuberger Bought Adani Debt After Hindenburg Report
Some of the world's largest asset managers raised their holdings of Adani Group dollar bonds last year after the unprecedented rout sparked by Hindenburg Research.
-
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
ROADIS Brings Real Madrid Foundation To Varanasi, Establishes Social Sports Schools
ROADIS - a Madrid headquartered multinational leader in the investment, development, operation, and management of global infrastructure assets has launched Social Sports Schools in Varanasi in collaboration with the Real Madrid Foundation (RMF).
-
Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
-
Opinion | Tech's Final Frontier: Death-Tech In India
Growing number of grief-tech startups have emerged in recent years, providing services related to end-of-life planning and post-mortem support. These services include digital wills, funeral planning assistance, after-death care, and asset management
-
All About HYDRA, Body Behind Nagarjuna's Convention Centre Demolition
HYDRA is a unified body created by the Telangana government in July to manage disaster response and protect public assets within the Telangana Core Urban Region.
-
Hong Kong to Launch 'Inverse Bitcoin ETF' for First Time in Asia
Hong Kong is set to launch Bitcoin Futures Daily (-1x) Inverse Product on the city's stock exchange this week. Through this, investors will be able to bet on a fall in the cryptocurrency.
-
Adobe Experience Platform AI Assistant With Content Generation, Automation Features Now Generally Available
Adobe announced the general availability of the Adobe Experience Platform (AEP) AI assistant on Thursday. The AEP is a customer experience management platform using which businesses can monitor and analyse customer data and execute marketing campaigns for their products and services. The platform’s AI assistant was first previewed at the Adobe Su...
-
Kotak AMC's Nilesh Shah Proposes 84-Hour Work Week, Internet Reacts
Mr Shah has sparked a huge debate on social media after suggesting that India's work culture needs to change and that people should be prepared to work for 84 hours a week.
-
Crypto-Backed Investment Products Made Over $930 Million Last Week: CoinShares Data
In its recent data, CoinShares showed that investment products backed by digital assets like NFTs, and cryptocurrencies managed to garner $932 million (roughly Rs. 7,766 crore) in last week’s four-day period between May 13 and May 17.
-
Assets Of Those Who 'Managed' Crime Money Of Lawrence Bishnoi Attached
Cash, bank deposits and land worth Rs 17.82 crore belonging to the family members of "gangster" Surender Singh alias Chiku have been attached as part of a money laundering investigation against the Lawrence Bishnoi gang.
-
Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
BlackRock, Neuberger Bought Adani Debt After Hindenburg Report
Some of the world's largest asset managers raised their holdings of Adani Group dollar bonds last year after the unprecedented rout sparked by Hindenburg Research.
-
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
