Michael Saylor’s pitch to integrate Bitcoin reserves into regulated banking Michael Saylor, executive chair of Strategy, has suggested that national governments consider developing a novel type of financial system: regulated digital banking platforms backed by Bitcoin reserves and tokenized credit tools. These comments, shared during Saylor’s keynote at the Bitcoin MENA conference in Abu Dhabi,…
NEW DELHI: Prime Minister Narendra Modi will hold a virtual meeting with chief ministers on Friday evening to review preparedness and response plans in light of the ongoing Middle East conflict.The interaction, to be conducted via video conferencing, is aimed at ensuring coordination between the Centre and states and assessing readiness across key sectors, including…
Funded by Solayer Labs and Solayer Foundation, the effort targets onchain apps with revenue and high usage potential. Source link
Highway expansion drive is facing execution stress, with 574 under-construction National Highway projects worth Rs 3.60 lakh crore running behind schedule, the government told Parliament on Wednesday, PTI reported.Of the delayed projects awarded over the past five years, 300 are behind schedule by up to one year, 253 face delays of one to three years,…
Rupee extended its downward rally on Tuesday, slipping to a record low of 90.83 against the US dollar. The currency began trading on a weak note, opening 0.1% lower at 90.79 against Monday’s close of 90.73, as continued foreign fund outflows and trade-related uncertainty weighed on the domestic currency.The muted opening follows a sharp sell-off…
MUMBAI: SoftBank-backed e-commerce startup Meesho will focus on making online shopping affordable for more consumers and build the value segment of the market where the opportunity is large rather than going after the quick delivery space, said Vidit Aatrey, co-founder and CEO at the company which is set to get listed on the bourses next…
Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…
The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects and addressing emerging requirements in the agriculture sector.The central bank has invited comments and feedback on the draft guidelines from regulated entities, members of the…
Crypto markets slipped on Sunday as a broader pullback in risk assets extended into the final full trading week of the year, with investors remaining cautious amid concerns over technology valuations, fading momentum in U.S. equities and mixed signals from the Federal Reserve. Bitcoin fell about 0.5% to trade near $89,600, hovering just above last…
Crypto laws around the world are changing in 2026, building on the momentum from 2025, which will impact crypto users in the United States, the United Kingdom and the Asia-Pacific (APAC) regions. The Federal Deposit Insurance Corporation (FDIC), a US banking regulator, published a proposal in December outlining a pathway for banks to be able…
