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FATF Upset, Worried About Nations Being Slow in Regulating Crypto: Details
- Friday March 29, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The FATF has expressed concerns about nations delaying deployment and adoption of crypto-related rules. The Paris-based global financial watchdog is leaving room for criminal activities to take shape.
- www.gadgets360.com
-
Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
- Tuesday July 11, 2023
- Reuters
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
- www.gadgets360.com
-
Adobe’s $20 Billion Acquisition of Figma Reportedly on EU Antitrust Body Radar
- Tuesday June 20, 2023
- Reuters
European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion (roughly Rs. 1,64,200 crore) buyout deal for cloud-based designer platform Figma later this year, the Financial Times reported on Tuesday.
- www.gadgets360.com
-
Nifty, Sensex Open Lower After Credit Suisse Spooks Asian Markets
- Thursday March 16, 2023
- Business | Reuters
Indian shares were off to a muted start on Thursday, on fragile investor sentiment globally after Credit Suisse, one of Europe's top lenders, added to worries about a crisis in the financial sector.
- www.ndtv.com/business
-
Asian Shares Slide As SVB Contagion Worries Hit Banking Sector
- Tuesday March 14, 2023
- Business | Reuters
On Tuesday, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5% in early trade, with financials in Australia dragging the most.
- www.ndtv.com/business
-
20 Percent Americans Own Crypto Owing to ‘Frustrating’ Financial Inequality: Study
- Tuesday February 28, 2023
- Written by Radhika Parashar, Edited by Siddharth Suvarna
US citizens, disappointed around the financial inequality in America, are embracing cryptocurrencies that could yield them large benefits instantly, as well as in the long term. Out of the total surveyed people, 76 percent believe that crypto and blockchain will make for essential part of the global financial system.
- www.gadgets360.com
-
G20’s Finacial Stability Board to Look at Unregulated Decentralised Finance After FTX Collapse
- Thursday February 16, 2023
- Reuters
The Financial Stability Board (FSB) of the G20 said on Thursday it would take steps to tackle "vulnerabilities" and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing, and lending in cryptocurrency assets by using pub...
- www.gadgets360.com
-
Microsoft Expected to Post Slowest Quarterly Revenue Growth in 5 Years; Doubts on Annual Outlook, Analysts Say
- Tuesday October 25, 2022
- Reuters
Microsoft is expected to post slowest quarterly revenue growth in over five years, and analysts have questioned whether the firm will be able to maintain its outlook for the financial year. The company will announce earnings later on Tuesday amid a slowdown in the PC market and a strong dollar. Microsoft's shares have declined by more than a quarte...
- www.gadgets360.com
-
Mother Of Haryana Girl Scoring 100 Per Cent In Class 10 Worries About Her Future; Chief Minister Assures Help
- Sunday July 24, 2022
- Education | Reported by Press Trust of India
The family has been struggling to make ends meet, and when on Sunday Chief Minister Manohar Lal Khattar phoned Yadav to congratulate her, the girl conveyed to him her financial difficulties and she was immediately offered a scholarship of Rs 20,000 per month.
- www.ndtv.com/education
-
Recession Worries Stalk Global Financial Markets; More Pain Ahead
- Thursday June 23, 2022
- Business | Edited by Rahul Karunakar
Global financial markets have been savaged on worries that major central banks' more aggressive interest rate hikes to fight decades-high inflation would tip world economies into recession.
- www.ndtv.com/business
-
Strident Criticism Meets India’s Resistance to Incentivise Crypto Sector, Investor Exodus Feared
- Monday March 28, 2022
- Radhika Parashar
India is at the cusp of bringing the crypto sector under regulatory frameworks. The Lok Sabha has been informed that India is also not looking to treat crypto mining as a cost of acquisition. The policies do not favour the benefits of setting up the overall crypto ecosystem in the nation. Industry experts worry that Indian investors could pull out ...
- www.gadgets360.com
-
Debt-Ridden Argentina Signs IMF Deal that ‘Discourages’ Use of Cryptocurrency
- Wednesday March 16, 2022
- Radhika Parashar
Argentina has closed a deal with the IMF that buys it more time to settle millions of dollars' worth of debt with the international financial body. One of IMF’s conditions calls for Argentina to curb crypto usage. The IMF is worried that cryptocurrencies could help criminals fund terror and unlawful activities.
- www.gadgets360.com
-
Crypto Risks Require Preparation of a Global Response, Say Regulators
- Wednesday February 16, 2022
- Reuters
The $2.6 trillion (roughly Rs. 1,95,17,320 crore) crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to heel, the Financial Stability Board (FSB), a risk monitoring watchdog for the G20 economies, said on Wednesday.
- www.gadgets360.com
-
Thailand Regulator Wants Banks to Refrain From Direct Engagement in Crypto Trading
- Wednesday December 8, 2021
- Radhika Parashar
The Bank of Thailand has said that banks are available for people to deposit and safeguard their money, but with cryptocurrencies, the continuously fluctuating market movement exposes investors to financial risks.
- www.gadgets360.com
-
FATF Upset, Worried About Nations Being Slow in Regulating Crypto: Details
- Friday March 29, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The FATF has expressed concerns about nations delaying deployment and adoption of crypto-related rules. The Paris-based global financial watchdog is leaving room for criminal activities to take shape.
- www.gadgets360.com
-
Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
- Tuesday July 11, 2023
- Reuters
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
- www.gadgets360.com
-
Adobe’s $20 Billion Acquisition of Figma Reportedly on EU Antitrust Body Radar
- Tuesday June 20, 2023
- Reuters
European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion (roughly Rs. 1,64,200 crore) buyout deal for cloud-based designer platform Figma later this year, the Financial Times reported on Tuesday.
- www.gadgets360.com
-
Nifty, Sensex Open Lower After Credit Suisse Spooks Asian Markets
- Thursday March 16, 2023
- Business | Reuters
Indian shares were off to a muted start on Thursday, on fragile investor sentiment globally after Credit Suisse, one of Europe's top lenders, added to worries about a crisis in the financial sector.
- www.ndtv.com/business
-
Asian Shares Slide As SVB Contagion Worries Hit Banking Sector
- Tuesday March 14, 2023
- Business | Reuters
On Tuesday, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5% in early trade, with financials in Australia dragging the most.
- www.ndtv.com/business
-
20 Percent Americans Own Crypto Owing to ‘Frustrating’ Financial Inequality: Study
- Tuesday February 28, 2023
- Written by Radhika Parashar, Edited by Siddharth Suvarna
US citizens, disappointed around the financial inequality in America, are embracing cryptocurrencies that could yield them large benefits instantly, as well as in the long term. Out of the total surveyed people, 76 percent believe that crypto and blockchain will make for essential part of the global financial system.
- www.gadgets360.com
-
G20’s Finacial Stability Board to Look at Unregulated Decentralised Finance After FTX Collapse
- Thursday February 16, 2023
- Reuters
The Financial Stability Board (FSB) of the G20 said on Thursday it would take steps to tackle "vulnerabilities" and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing, and lending in cryptocurrency assets by using pub...
- www.gadgets360.com
-
Microsoft Expected to Post Slowest Quarterly Revenue Growth in 5 Years; Doubts on Annual Outlook, Analysts Say
- Tuesday October 25, 2022
- Reuters
Microsoft is expected to post slowest quarterly revenue growth in over five years, and analysts have questioned whether the firm will be able to maintain its outlook for the financial year. The company will announce earnings later on Tuesday amid a slowdown in the PC market and a strong dollar. Microsoft's shares have declined by more than a quarte...
- www.gadgets360.com
-
Mother Of Haryana Girl Scoring 100 Per Cent In Class 10 Worries About Her Future; Chief Minister Assures Help
- Sunday July 24, 2022
- Education | Reported by Press Trust of India
The family has been struggling to make ends meet, and when on Sunday Chief Minister Manohar Lal Khattar phoned Yadav to congratulate her, the girl conveyed to him her financial difficulties and she was immediately offered a scholarship of Rs 20,000 per month.
- www.ndtv.com/education
-
Recession Worries Stalk Global Financial Markets; More Pain Ahead
- Thursday June 23, 2022
- Business | Edited by Rahul Karunakar
Global financial markets have been savaged on worries that major central banks' more aggressive interest rate hikes to fight decades-high inflation would tip world economies into recession.
- www.ndtv.com/business
-
Strident Criticism Meets India’s Resistance to Incentivise Crypto Sector, Investor Exodus Feared
- Monday March 28, 2022
- Radhika Parashar
India is at the cusp of bringing the crypto sector under regulatory frameworks. The Lok Sabha has been informed that India is also not looking to treat crypto mining as a cost of acquisition. The policies do not favour the benefits of setting up the overall crypto ecosystem in the nation. Industry experts worry that Indian investors could pull out ...
- www.gadgets360.com
-
Debt-Ridden Argentina Signs IMF Deal that ‘Discourages’ Use of Cryptocurrency
- Wednesday March 16, 2022
- Radhika Parashar
Argentina has closed a deal with the IMF that buys it more time to settle millions of dollars' worth of debt with the international financial body. One of IMF’s conditions calls for Argentina to curb crypto usage. The IMF is worried that cryptocurrencies could help criminals fund terror and unlawful activities.
- www.gadgets360.com
-
Crypto Risks Require Preparation of a Global Response, Say Regulators
- Wednesday February 16, 2022
- Reuters
The $2.6 trillion (roughly Rs. 1,95,17,320 crore) crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to heel, the Financial Stability Board (FSB), a risk monitoring watchdog for the G20 economies, said on Wednesday.
- www.gadgets360.com
-
Thailand Regulator Wants Banks to Refrain From Direct Engagement in Crypto Trading
- Wednesday December 8, 2021
- Radhika Parashar
The Bank of Thailand has said that banks are available for people to deposit and safeguard their money, but with cryptocurrencies, the continuously fluctuating market movement exposes investors to financial risks.
- www.gadgets360.com