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Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
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Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
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FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
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AAP's Raghav Chadha Says Public Trust In Banks Declining, Cites Frauds, Hidden Charges
Speaking in the Rajya Sabha, Raghav Chadha said banks are not just financial institutions but the foundation of democracy, playing a crucial role in people's lives.
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Netflix Issues Warning About Phishing Emails, Scam Texts Impersonating The Platform
The emails direct recipients to a fraudulent link to update billing information, which, if clicked, allows scammers to steal login credentials and financial data.
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Bengal Assembly To Pass Bill Proposing Hefty Fine For Spitting Tobacco In Public
Tough days are ahead for those who are habitual offenders in West Bengal of spitting chewing tobacco or pan masala in public places as a Bill will be introduced in the forthcoming Budget Assembly session with provisions for a hefty financial penalty.
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"Can Reduce Financial Burden": President Murmu On One Nation, One Election
Calling it a reform that will "redefine the terms of good governance", President Droupadi Murmu said the 'One Nation, One Election' bill will help check "policy paralysis, mitigate resource division, and reduce financial burden".
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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US Lawmakers Pass FIT21 Crypto Bill That May Regulate SEC’s Involvement in Sector Oversight
The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.
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What Jeffrey Epstein Files Reveal About Ex-Presidents, Celebs And A Prince
The highly anticipated release of hundreds of documents tied to the Jeffrey Epstein saga failed to produce any bombshells, but offered fresh insight into the financier's lifestyle and the people who surrounded him.
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21 Bills To Be Taken Up In Winter Session Of Parliament
A total of 21 bills including two financial bills are likely to be taken up during the upcoming Winter Session of the Parliament.
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US House Panel Seeks To Ban Federal Purchases Of Chinese Drones: Report
The U.S. House of Representatives' China committee will introduce a bill to ban the U.S. government from buying Chinese drones, the Financial Times reported on Wednesday.
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US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
-
Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
-
US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
-
Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
-
FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
-
AAP's Raghav Chadha Says Public Trust In Banks Declining, Cites Frauds, Hidden Charges
Speaking in the Rajya Sabha, Raghav Chadha said banks are not just financial institutions but the foundation of democracy, playing a crucial role in people's lives.
-
Netflix Issues Warning About Phishing Emails, Scam Texts Impersonating The Platform
The emails direct recipients to a fraudulent link to update billing information, which, if clicked, allows scammers to steal login credentials and financial data.
-
Bengal Assembly To Pass Bill Proposing Hefty Fine For Spitting Tobacco In Public
Tough days are ahead for those who are habitual offenders in West Bengal of spitting chewing tobacco or pan masala in public places as a Bill will be introduced in the forthcoming Budget Assembly session with provisions for a hefty financial penalty.
-
"Can Reduce Financial Burden": President Murmu On One Nation, One Election
Calling it a reform that will "redefine the terms of good governance", President Droupadi Murmu said the 'One Nation, One Election' bill will help check "policy paralysis, mitigate resource division, and reduce financial burden".
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
US Lawmakers Pass FIT21 Crypto Bill That May Regulate SEC’s Involvement in Sector Oversight
The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.
-
What Jeffrey Epstein Files Reveal About Ex-Presidents, Celebs And A Prince
The highly anticipated release of hundreds of documents tied to the Jeffrey Epstein saga failed to produce any bombshells, but offered fresh insight into the financier's lifestyle and the people who surrounded him.
-
21 Bills To Be Taken Up In Winter Session Of Parliament
A total of 21 bills including two financial bills are likely to be taken up during the upcoming Winter Session of the Parliament.
-
US House Panel Seeks To Ban Federal Purchases Of Chinese Drones: Report
The U.S. House of Representatives' China committee will introduce a bill to ban the U.S. government from buying Chinese drones, the Financial Times reported on Wednesday.
-
US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
