Notably, the US SEC has rejected multiple applications to launch spot bitcoin ETFs in recent years citing that the crypto market is vulnerable to manipulation. However, in recent months, there have been increasing signs that regulators are prepared to approve at least a few of the proposed spot bitcoin ETFs.
Paytm introduces Recap 2023 on its platform, a yearly roundup that summarizes users’ expenditure trend, spent amount, received amount, and other details from their Paytm app usage in 2023. It includes total amount sent, total amount received, top money transfer contacts, favorite category, total number of payments made, and more. Paytm presents this comprehensive overview …
Paytm Recap 2023: Here’s how to check your 2023 financial journey with Paytm Read More »
While FinTech funding has witnessed a decline in calendar year 2023, Indian FinTechs raised a total of USD 2886 from January till November, 2023. As the year has ended, ETBFSI lists down the top 10 fintech fundraises of the previous calendar year 2023, according to latest data by Tracxn.
For Razorpay and Cashfree, Christmas came a week early, as after a year of being under embargo from the RBI, which halted new merchant onboarding, the startups finally managed to restart business.
The fintech major’s journey to profitability in 2024 involves a multi-faceted strategy encompassing cost optimisation, AI integration, and a renewed focus on core business areas.
It’s just like the well-known Pay to Contact, Scan & Pay, and other features, but with a twist. By using NFC, Tap & Pay obtains the Payee UPI ID/VPA instead of the camera. This innovative method simplifies, secures, and expedites your UPI transactions. Note that only mobiles and devices with NFC capability have the access …
UPI Tap and Pay to go live soon: Who can use, how to make payments using UPI tap and pay Read More »
Bankman-Fried had faced six additional charges that had been severed from his first trial, including campaign finance violations, conspiracy to commit bribery, and conspiracy to operate an unlicensed money transmitting business. He had been extradited in December 2022 from the Bahamas, where FTX was based, to face the seven earlier charges.
People familiar with the filing process said issuers that met their end of the year filing revision deadlines may be able to launch by January 10 – the date by which the SEC is required to either approve or reject the Ark/21Shares ETF. The SEC may notify issuers as soon as Tuesday or Wednesday that …
But the reality is that the show cause notice sent by the Financial Intelligence Unit (FIU) to nine offshore virtual digital asset service providers, including Binance, Bitfinex, MEXC Global, and Kraken, for non-compliance under the Prevention of Money Laundering Act (PMLA) likely holds more significance than it might initially seem. It could have implications for …
Demonetisation moment for crypto exchanges? What does it mean for you? Read More »
The move may lead to a resurgence in Indian exchanges, they said, as many investors who had shifted to trading on global exchanges to save on tax are expected to return to local ones now.
