Phantom wins CFTC no-action relief, clearing path for crypto wallet access to regulated derivatives markets

Phantom, a developer of self-custodial crypto wallets particularly popular in the Solana ecosystem, secured a no-action letter from the U.S. Commodity Futures Trading Commission (CFTC), allowing it to offer users access to certain regulated derivatives markets without registering as a broker. In a statement Tuesday, the CFTC’s Market Participants Division said it would not recommend…

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Beyond oil & gas: How Middle East conflict impacts India – from gold & diamonds to aircraft & fertilizers

10% of India’s non-energy imports in 2024 originated from the Middle East region. (AI image) The Middle East conflict has brought into focus the vulnerability of countries around the world in terms of their dependency on oil and gas. India, the world’s fifth largest economy, is also the third largest importer of oil. A big…

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Delhi CM Rekha Gupta attends ‘Nari Utsav’ at Nirmal Chhaya | India News

Delhi CM Rekha Gupta attends ‘Nari Utsav’ at Nirmal Chhaya NEW DELHI: Delhi chief minister Rekha Gupta on Tuesday attended the ‘Nari Utsav’ programme held at the Nirmal Chhaya Complex, where she paid tribute to the strength and contribution of women in nation-building. She said women, through their dedication, selfless service and sense of duty,…

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Leela Palaces: Leela acquires luxury resort in Coorg, to open property later this year

NEW DELHI: Leela Palaces, Hotels and Resorts Tuesday announced the acquisition of an ultra-luxury resort in Coorg. marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri, will open as The Leela Coorg Forest Sanctuary later this year.With the addition of…

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