In the past, crypto regulation in the U.S. has been badly fractured. Not only did federal agencies fail to collaborate — they outright contradicted and cajoled each other in a turf war to control our nascent industry. But recent signals from regulators suggest movement. Earlier this month, the SEC and the CFTC released a Memorandum…
NEW DELHI: Govt on Tuesday appointed Chanchal Kumar, an IAS officer of Bihar cadre, as the new information and broadcasting (I&B) secretary, while designating Sanjay Lohiya as the secretary of department of financial services (DFS). In the bureaucratic reshuffle, Vir Vikram Yadav has been appointed director general of civil aviation (DGCA), replacing Faiz Ahmed Kidwai.Kidwai,…
NEW DELHI: IndiGo on Tuesday named DG of International Air Transport Association (IATA) and former British Airways (BA) chief William Walsh as its new CEO.Airline promoter and MD Rahul Bhatia had assumed charge as CEO in the interim after Pieter Elbers’ resignation last month with immediate effect. Elbers, then KLM president and CEO of KLM,…
The New Hampshire Business Finance Authority is set to issue what appears to be the first rated bitcoin-backed bond of its kind, marking a step toward integrating crypto into traditional public finance. The bonds received a provisional Ba2 rating from Moody’s Ratings, two notches below investment grade. They will be issued through the Business Finance…
Dozens of Maoist cadres surrendered across Bastar in Chhattisgarh and Gadchiroli in Maharashtra on the final day of Union home minister Amit Shah’s March 31 deadline to end left-wing extremism, while Odisha declared itself free of Naxalite influence and scrapped its surrender and rehabilitation policy for those who failed to lay down arms on Tuesday.In…
Cardano and Midnight Founder Charles Hoskinson said proposed U.S. crypto legislation could take more than a decade to implement, fail to survive political change and structurally disadvantage new entrants while benefiting established cryptocurrencies. The Digital Asset Market CLARITY Act is still being negotiated in Congress, with lawmakers circulating updated text and trying to close final…
=KOLKATA/NEW DELHI: Olympic bronze medallist and multiple Grand Slam doubles champion Leander Paes crossed over to the BJP on Tuesday, exiting the Trinamool Congress after a brief stint.At BJP headquarters in New Delhi, Paes, 52, framed the move as a new “responsibility” after four decades in sport. “I have played for the country… I wish…
SRINAGAR: The withdrawal of security of several legislators and politicians rocked the J&K Assembly on Tuesday after the governing National Conference (NC) raised the issue and flayed the LG administration for the removal of security at its headquarters in Srinagar, Nawai Subha, even after a recent attack on party president Farooq Abdullah, saying the move…
Check out the companies making headlines after the bell : Nike — The athletic apparel stock slipped 2% after its North America revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded…
Bitcoin’s first-quarter slump capped an unusual run: nearly six months of underperformance against U.S. equities, a stretch that has no precedent. “That’s never happened,” said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin lagging stocks consistently since early October. The trend has raised fresh questions about whether the asset is behaving more…
