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Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
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USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority Â
The Dubai Financial Services Authority (DFSA) has officially recognised USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). Firms operating in the DIFC are only permitted to use DFSA-approved tokens, ensuring compliance and mitigating financial risks and potential losses.
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"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
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Panipuri Vendor Gets GST Notice After Earning Rs 40 Lakh, Internet Divided
A pani puri vendor from Tamil Nadu has come under the Goods and Services Tax (GST) authorities' scanner after reportedly receiving online payments amounting to Rs 40 lakh during the 2023-24 financial year.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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Paytm Gets Approval from NPCI to Enroll New UPI Users
Paytm has said that it has received approval from the country's payments authority to onboard new unified payment interface (UPI) users. The NPCI's approval comes after Paytm submitted a request earlier in August this year.
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Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
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LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
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SBI Life Gets GST Demand Notice Of Rs 239 Crore
SBI Life on Thursday said tax authorities have slapped a demand notice of about Rs 239.27 crore on it for short payment of Goods and Services Tax (GST) for the financial year 2019-20.
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Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
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Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
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Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months
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Israel Okays New Payment Of Over $140 Million To Palestinian Authority
Israel has approved a new payment of more than $140 million to the Palestinian Authority after announcing it had also unblocked some funds frozen because of the Gaza war, a finance ministry spokesperson told AFP on Thursday.
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Karnataka Examination Authority Extends Fee Payment Deadline for PGCET 2024 to June 24
KEA PGCET 2024: Candidates can also modify their Karnataka PGCET 2024 application form and select their preferred exam center within this extended period.
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Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
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Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has announced that businesses in the UAE can now use its services to explore crypto payment options. The company has secured an approval from the Dubai Financial Services Authority (DFSA), allowing it to cater to the crypto needs of UAE-based businesses and financial institutions.
-
USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority Â
The Dubai Financial Services Authority (DFSA) has officially recognised USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). Firms operating in the DIFC are only permitted to use DFSA-approved tokens, ensuring compliance and mitigating financial risks and potential losses.
-
"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
-
Panipuri Vendor Gets GST Notice After Earning Rs 40 Lakh, Internet Divided
A pani puri vendor from Tamil Nadu has come under the Goods and Services Tax (GST) authorities' scanner after reportedly receiving online payments amounting to Rs 40 lakh during the 2023-24 financial year.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
Paytm Gets Approval from NPCI to Enroll New UPI Users
Paytm has said that it has received approval from the country's payments authority to onboard new unified payment interface (UPI) users. The NPCI's approval comes after Paytm submitted a request earlier in August this year.
-
Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
-
LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
-
SBI Life Gets GST Demand Notice Of Rs 239 Crore
SBI Life on Thursday said tax authorities have slapped a demand notice of about Rs 239.27 crore on it for short payment of Goods and Services Tax (GST) for the financial year 2019-20.
-
Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
-
Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
-
Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months
-
Israel Okays New Payment Of Over $140 Million To Palestinian Authority
Israel has approved a new payment of more than $140 million to the Palestinian Authority after announcing it had also unblocked some funds frozen because of the Gaza war, a finance ministry spokesperson told AFP on Thursday.
-
Karnataka Examination Authority Extends Fee Payment Deadline for PGCET 2024 to June 24
KEA PGCET 2024: Candidates can also modify their Karnataka PGCET 2024 application form and select their preferred exam center within this extended period.
-
Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
