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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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WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
On Wednesday, March 12, WazirX announced BitGo as its official asset custodian. Through this partnership, WazirX will leverage BitGo’s institutional-grade infrastructure, multi-signature wallets, and insurance coverage of up to $250 million (approximately Rs. 2,180 crore) to restore community trust.Â
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Coinbase Gains FIU-India Registration, Highlights India's On-Chain Talent
On Tuesday, March 11 the US-based crypto exchange said it has completed its registration with India’s Financial Intelligence Unit (FIU). In the coming months, the exchange plans to introduce new retail services alongside additional products and investment offerings in India.
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RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
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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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Sensex Slides Below 75,000 In Early Trade As Markets Extend Losses
The Indian benchmark indices opened lower on Monday amid weak global cues, as selling was seen in the IT and financial service sectors in the early trade.
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Nirmala Sitharaman Meets Former UK PM Rishi Sunak In Delhi
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman met former UK Prime Minister Rishi Sunak here on Tuesday and the two discussed potential new avenues to strengthen market-based financial ties and drive economic growth.
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Indian Stock Market Opens Higher, Nifty Above 23,120
The Indian benchmark indices opened higher on Thursday amid mixed global clues as buying was seen in the PSU bank and financial service sectors.
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Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy
On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.
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Vodafone Idea (Vi) 5G Roundup: Rollout Date, List of Available Cities, 5G Speeds, and More
Vodafone Idea (Vi), in its quarterly report for the third quarter of the financial year 2024-25, revealed that it is planning to roll out its 5G services in the country. The company has confirmed that it will begin the rollout of its 5G services in April 2025, though the exact date of the rollout is not known at the time of writing.
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ByBit Pays Rs. 9.27 Crore Penalty, Completes FIU-IND Registration
ByBit has announced that it has completed its registration with India’s Financial Intelligence Unit (FIU), and paid a Rs. 9.27 crore penalty, as part of its compliance obligations. Earlier this month, the FIU-IND revealed that the Dubai-based exchange was not in compliance with India’s the Prevention of Money Laundering Act (PMLA) because of wh...
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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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Sandip Ghosh, 4 Others Seek Exemption In RG Kar College Financial Scam
The five accused in the multi-crore financial irregularities case at state-run RG Kar Medical College and Hospital in Kolkata, including the former and controversial principal of the institute Sandip Ghosh, on Tuesday, sought exemption from the case.
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Rs 1,000 Crore For Financially-Burdened BEST In Mumbai Civic Budget 2025-26
The Brihanmumbai Municipal Corporation has in its budget for the financial year 2025-26 allocated Rs 1,000 crore for the civic bus services BEST, acknowledging its financial challenges.
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UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
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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.
-
WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
On Wednesday, March 12, WazirX announced BitGo as its official asset custodian. Through this partnership, WazirX will leverage BitGo’s institutional-grade infrastructure, multi-signature wallets, and insurance coverage of up to $250 million (approximately Rs. 2,180 crore) to restore community trust.Â
-
Coinbase Gains FIU-India Registration, Highlights India's On-Chain Talent
On Tuesday, March 11 the US-based crypto exchange said it has completed its registration with India’s Financial Intelligence Unit (FIU). In the coming months, the exchange plans to introduce new retail services alongside additional products and investment offerings in India.
-
RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
-
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.
-
Sensex Slides Below 75,000 In Early Trade As Markets Extend Losses
The Indian benchmark indices opened lower on Monday amid weak global cues, as selling was seen in the IT and financial service sectors in the early trade.
-
Nirmala Sitharaman Meets Former UK PM Rishi Sunak In Delhi
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman met former UK Prime Minister Rishi Sunak here on Tuesday and the two discussed potential new avenues to strengthen market-based financial ties and drive economic growth.
-
Indian Stock Market Opens Higher, Nifty Above 23,120
The Indian benchmark indices opened higher on Thursday amid mixed global clues as buying was seen in the PSU bank and financial service sectors.
-
Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy
On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.
-
Vodafone Idea (Vi) 5G Roundup: Rollout Date, List of Available Cities, 5G Speeds, and More
Vodafone Idea (Vi), in its quarterly report for the third quarter of the financial year 2024-25, revealed that it is planning to roll out its 5G services in the country. The company has confirmed that it will begin the rollout of its 5G services in April 2025, though the exact date of the rollout is not known at the time of writing.
-
ByBit Pays Rs. 9.27 Crore Penalty, Completes FIU-IND Registration
ByBit has announced that it has completed its registration with India’s Financial Intelligence Unit (FIU), and paid a Rs. 9.27 crore penalty, as part of its compliance obligations. Earlier this month, the FIU-IND revealed that the Dubai-based exchange was not in compliance with India’s the Prevention of Money Laundering Act (PMLA) because of wh...
-
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.
-
Sandip Ghosh, 4 Others Seek Exemption In RG Kar College Financial Scam
The five accused in the multi-crore financial irregularities case at state-run RG Kar Medical College and Hospital in Kolkata, including the former and controversial principal of the institute Sandip Ghosh, on Tuesday, sought exemption from the case.
-
Rs 1,000 Crore For Financially-Burdened BEST In Mumbai Civic Budget 2025-26
The Brihanmumbai Municipal Corporation has in its budget for the financial year 2025-26 allocated Rs 1,000 crore for the civic bus services BEST, acknowledging its financial challenges.
-
UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
