Despite third-largest reserves, India trails in rare earth production; gap due to processing, regulatory hurdles: Report

India holds the world’s third-largest reserves of rare earths at 6.9 million tonnes, yet its contribution is not even 1 per cent of the global production. A new report from Amicus Growth, cited by ANI, underlined this gap between resource potential and actual production on the part of India, while China leads in the global…

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JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks

JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening an ongoing debate over U.S. crypto legislation. In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who pulled support for the proposed CLARITY…

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GoMining challenges Jack Dorsey’s Square with a pure BTC payment rail

Bitcoin BTC$62,487.16 mining company GoMining said it is making it easier for companies to accept bitcoin BTC$62,487.16 payments, bringing it into competition with companies including Block’s (XYZ) Square. Where GoMining says it differs from incumbents is that the entire transaction is completed in bitcoin. Many competitors, including Square, allow customers to pay in bitcoin while…

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