Craig Swan’s eyes light up, and his smile widens when he speaks of Bermuda’s ambitions to become the world’s first economy to go fully onchain, a move he is certain will create amazing new opportunities for the country’s citizens. In an interview with CoinDesk in London, Swan, the CEO of Bermuda’s Money Authority (BMA), spoke…
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Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, Vatican, on June 11, 2025. Massimo Valicchia | Nurphoto | Getty Images Pope Leo warned over the weekend about a “social calamity” that could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear…
Mumbai: YES Securities (India) Limited, a subsidiary of YES Bank Limited, has been penalised by the National Stock Exchange of India Limited for passing on regulatory penalties to its clients, in violation of market norms laid down by the Securities and Exchange Board of India.The breach relates to margin requirements, where brokers are mandated to…
NEW DELHI: Over 230 people onboard an IndiGo Airbus A321neo were evacuated from the aircraft at Bengaluru airport using emergency slides after there was smoke in the cabin while taxiing to the runway to take off for Chennai. The aircraft was on a taxiway when this smoke scare happened. The DGCA is probing this.In a…
Savers could see higher returns on bank deposits in the coming months as the cost of certificates of deposit (CDs), which had been viewed as a leading indicator for broader deposit rates, surged sharply in May amid tighter liquidity conditions and stronger demand for funds.One-year CD rates are currently quoting at 7.70 per cent, up…
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In a posh to raise around Rs 5,000 crore for the exchequer, the government will sell up to a 2 per cent stake in Coal India through an offer for sale (OFS), with a floor price of Rs 412 per share, PTI reported.The sale comprises a base offer of 1 per cent equity and an…
The rupee weakened by 44 paise to close at 95.70 against the US dollar on Tuesday, pressured by renewed geopolitical tensions in West Asia, rising crude oil prices and a stronger American currency, PTI reported.Forex traders said weak domestic equities also added pressure on the local currency.At the interbank foreign exchange market, the rupee opened…
