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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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Apple Requires EU Developers to List Contact Details on App Store to Comply With Digital Services Act
Apple says developers in the European Union (EU) must now provide the company with their contact details, in order to comply with the EU's Digital Services Act. This contact information will appear under individual app listings, and developers who miss the deadline will have their apps unlisted from the App Store in the EU.
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Bharti Airtel Reportedly in Negotiations to Acquire Loss-Making Tata Play DTH Business
Bharti Airtel is in talks to acquire Tata Play direct to home (DTH) service which is currently said to be a loss-making business, according to a report. This move will reportedly strengthen Airtel’s presence in the digital TV segment, facing competition from the likes of D2H and DishTV.
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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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US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
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TCS Announces New Deal With Xerox to Build a Generative AI-Powered Enterprise Platform
Tata Consultancy Services (TCS), the multinational IT service provider, announced signing a new deal with US-based Xerox on Friday. This deal expands the strategic partnership between the two companies and will let TCS build a cloud-native and generative artificial intelligence (AI) led digital platform for Xerox. The Mumbai-based IT giant will als...
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RBI Issues Draft Rules On Digital Lending To Give Borrowers A Better Deal
RBI on Friday released draft guidelines on digital lending to ensure transparency in aggregation of loan products from multiple lenders by lending service providers so that borrowers get prior knowledge about all credit offers that are available.
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Google Enables eSIM Transfer Feature While Setting Up Android Smartphones: Report
Google is expanding support for eSIM transfers across Android smartphones, according a report. The setup process for the Samsung Galaxy S24 Ultra prompts users to seamlessly transfer their SIM from their older smartphone. Previously, Google allowed Pixel 8 owners to transfer their eSIM from an older Pixel phone, and the feature is now available on ...
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Kerala Launches K-SMART App For Digital Access To Local Government Services
Kerala Chief Minister Pinarayi Vijayan inaugurated the K-SMART application here on Monday, aiming to provide digital access to services offered by local self-government bodies through a unified platform across the state.
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IT Ministry to Block Binance, Kraken, More Crypto Websites After FIU Issues Show Cause Notice
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).
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"Operating Illegally": Centre Issues Notices To 9 Offshore Crypto Platforms
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs).
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Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...
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WhatsApp to Offer Card Payments, Services From Rival Digital Payment Providers in India
WhatsApp said on Wednesday that it will offer credit card payments and services from rival digital payment providers within its app in India, the latest bet by the Meta-owned service to boost commerce offerings in its biggest market.
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Coinbase Plans to Push Institutional Investors into Web3, Defi, NFTs Amid Rattled India Operations
Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...
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Web3 Telco World Mobile Launches Service in US, UK, Australia: Here’s What Its About
World Mobile, the London-based decentralised wireless (DeWi) network has launched its Android app in the US, UK, Australia, Canada, and Tanzania. The company provides a network service through a proprietary token called the Mobile World Token (WMT) and a network sharing system built on the Cardano blockchain.
-
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.
-
Apple Requires EU Developers to List Contact Details on App Store to Comply With Digital Services Act
Apple says developers in the European Union (EU) must now provide the company with their contact details, in order to comply with the EU's Digital Services Act. This contact information will appear under individual app listings, and developers who miss the deadline will have their apps unlisted from the App Store in the EU.
-
Bharti Airtel Reportedly in Negotiations to Acquire Loss-Making Tata Play DTH Business
Bharti Airtel is in talks to acquire Tata Play direct to home (DTH) service which is currently said to be a loss-making business, according to a report. This move will reportedly strengthen Airtel’s presence in the digital TV segment, facing competition from the likes of D2H and DishTV.
-
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
-
US, India Extend Digital Tax Truce to June 30 as Deadline Approaches
The US and India have extended their standstill agreement till June 30, over the former's retaliation over India’s digital-services tax on big tech firms. The development was announced by the US ahead of a deadline for a global deal that will reallocate taxing rights for major US tech firms that provide digital services like Alphabet-owned Google...
-
TCS Announces New Deal With Xerox to Build a Generative AI-Powered Enterprise Platform
Tata Consultancy Services (TCS), the multinational IT service provider, announced signing a new deal with US-based Xerox on Friday. This deal expands the strategic partnership between the two companies and will let TCS build a cloud-native and generative artificial intelligence (AI) led digital platform for Xerox. The Mumbai-based IT giant will als...
-
RBI Issues Draft Rules On Digital Lending To Give Borrowers A Better Deal
RBI on Friday released draft guidelines on digital lending to ensure transparency in aggregation of loan products from multiple lenders by lending service providers so that borrowers get prior knowledge about all credit offers that are available.
-
Google Enables eSIM Transfer Feature While Setting Up Android Smartphones: Report
Google is expanding support for eSIM transfers across Android smartphones, according a report. The setup process for the Samsung Galaxy S24 Ultra prompts users to seamlessly transfer their SIM from their older smartphone. Previously, Google allowed Pixel 8 owners to transfer their eSIM from an older Pixel phone, and the feature is now available on ...
-
Kerala Launches K-SMART App For Digital Access To Local Government Services
Kerala Chief Minister Pinarayi Vijayan inaugurated the K-SMART application here on Monday, aiming to provide digital access to services offered by local self-government bodies through a unified platform across the state.
-
IT Ministry to Block Binance, Kraken, More Crypto Websites After FIU Issues Show Cause Notice
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).
-
"Operating Illegally": Centre Issues Notices To 9 Offshore Crypto Platforms
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs).
-
Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...
-
WhatsApp to Offer Card Payments, Services From Rival Digital Payment Providers in India
WhatsApp said on Wednesday that it will offer credit card payments and services from rival digital payment providers within its app in India, the latest bet by the Meta-owned service to boost commerce offerings in its biggest market.
-
Coinbase Plans to Push Institutional Investors into Web3, Defi, NFTs Amid Rattled India Operations
Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...
-
Web3 Telco World Mobile Launches Service in US, UK, Australia: Here’s What Its About
World Mobile, the London-based decentralised wireless (DeWi) network has launched its Android app in the US, UK, Australia, Canada, and Tanzania. The company provides a network service through a proprietary token called the Mobile World Token (WMT) and a network sharing system built on the Cardano blockchain.
