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Stablecoin Jitters, AI Micropayments Reshape Crypto

Stablecoins are once again at the center of the crypto business narrative — but for very different reasons. Circle’s sharp sell-off this week highlights how sensitive crypto equities remain to regulatory headlines, even when the underlying business fundamentals appear unchanged. At the same time, developments in Canada show institutions are moving in the opposite direction,…

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Aadhaar checks: UIDAI plans rule to mandate registration for verifiers; push paperless verification

Aadhaar-based verification is set to move further away from paper trails, with the Unique Identification Authority of India (UIDAI) preparing to notify a new rule mandating registration of entities that seek offline Aadhaar verification, reported PTIThe proposed rule aims to discourage practices such as hotels, event organisers and similar entities collecting photocopies of Aadhaar cards…

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Goldman Sachs acquires ETF firm Innovator Capital Management for $2 billion

David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the…

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