Congressional panels have advanced nominations for regulators who will deal with crypto, but the full Senate hasn’t confirmed them yet. We’re also running out of time for market structure. PS: I’ll be in Washington, D.C. for the Blockchain Association’s annual summit. I’d love to say hi if you’re there. You’re reading State of Crypto, a…
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Sitharaman said the bill proposes crucial reforms based on steps such as track-and-trace system. NEW DELHI: Rajya Sabha on Tuesday returned to Lok Sabha the Manipur GST bill, which replaces an ordinance to implem-ent GST reforms in the state, with finance minister Nirmala Sitharaman asserting that the bill will benefit people and businesses. She also…
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A growing number of companies are slowing down their plans to launch initial public offerings, as volatile market conditions and shifting investor sentiment have made valuations more challenging. The year had begun on a strong note. During the March quarter, 18 mainboard IPOs collectively raised ₹18,778 crore. The number of issues was twice that of…
The Court of Auditors of the State of São Paulo will hold Brazil’s first public auction in which every document is recorded on a blockchain in an effort to reduce legal disputes and raise the standard of transparency in public auctions. Ten warehouses will be sold off, and every piece of documentation involved in the…
Crypto was supposed to go out with a bang this year. Heading into the fourth quarter, bitcoin was riding a wave of strong ETF inflows, digital asset treasuries (DATs) pitching themselves as leveraged bets on the next leg higher, and analysts dusting off charts showing the year’s final three months as crypto’s most reliable winning…
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MUMBAI: Billionaire Gautam Adani is checking into hospitality in a big way, with plans to build “one of the country’s largest hotel portfolios”, anchored around his group’s airports and real estate assets. The move positions the group in direct competition with Tata Group’s Taj, ITC Hotels, and the Oberoi chain (in which Reliance Industries and…
