Regulatory uncertainty around stablecoins could place traditional banks at a greater disadvantage than crypto companies, according to Colin Butler, executive vice president of capital markets at Mega Matrix. Butler said financial institutions have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while lawmakers debate how stablecoins should be classified….
South Africa is considering imposing tariffs of up to 50% on vehicles from China and India as it moves to protect its automotive industry from a flood of imports. An internal review is being conducted by the Department of Trade, Industry and Competition to assess potential measures to stem inbound shipments, which policymakers say are…
NEW DELHI: Government is planning to hire 1,000 young professionals to engage with businesses and exporters across the country to push greater utilisation of benefits under FTAs and help India diversify its product basket and export markets.While recently implemented agreements such as those with Australia and UAE have seen high utilisation of preferences, those with…
The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector. The UK’s financial watchdog is entering the final stages of its consultation process for a host of key proposed crypto regulations as the agency continues to work on the government’s…
Stellar faced selling pressure during Tuesday’s session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels. The breakdown accelerated at 14:00 when trading volume spiked to 76.24 million tokens—115% above the…
XRP pushed up to $1.87 as exchange-held supply fell to its lowest level since 2018, reinforcing a tightening-float narrative even as price remains stuck below the heavy $1.88–$2.00 resistance band that has repeatedly capped rebounds. News background Exchange balances are being treated as a key signal again. Supply held on trading venues has fallen to…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Gujarat Mineral Development Corporation (GMDC), Bharat Heavy Electricals Ltd (BHEL), and Indian Oil Corporation (IOC). Here’s his view on Nifty, Bank Nifty, and…
NEW DELHI: More than 10,000 farmers gathered in Hosur, Tamil Nadu, on Saturday to attend a seminar on tree-based agriculture and ways to earn steady income from it. The event was organised by Cauvery Calling, an initiative run by Isha Outreach. Union minister for agriculture and farmers welfare Shivraj Singh Chouhan and Isha Foundation founder…
Prediction market Polymarket blamed an unidentified third-party login provider for recent account breaches reported by several users. The platform confirmed the security incident on its Discord channel after users reported missing funds and suspicious login attempts. Social media posts on Reddit and X show several users received unexpected login alerts and then discovered their balances…
Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts. “Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X post on Friday, adding that Bitcoiners who think otherwise “don’t understand any of these assets.” Echoing a similar sentiment,…
