Brazil’s central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances. BCB Resolution No. 561, published April 30, updates rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule takes effect October 1, with adaptation deadlines running into 2027….
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Congress leader PJ Kurien NEW DELHI: Veteran Congress leader PJ Kurien on Saturday made it clear that while the Congress has many leaders capable of becoming chief minister, only three names are currently in serious consideration if the UDF comes to power in Kerala. He, however, chose not to disclose who those contenders are.Speaking to…
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Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in the bill. The text bars crypto firms from paying interest…
Suvendu Adhikari; Mamata Banerjee Bengal breathes politics. Take a walk through the streets of Howrah, Kolkata or any town in the state and you will find tea stalls where kakus (uncles) argue over ideology, leaders and the future, as if each conversation carries the weight of history. This is not new. From the era of…
