CoinDesk began presenting its annual Most Influential list this week, recognizing the individuals and groups we believe had the greatest impact on the crypto industry over the past 11+ months. U.S. President Donald Trump led the way as CoinDesk’s first recognized individual, alongside other individuals who drove crypto legislation. You’re reading State of Crypto, a…
MUMBAI: After months of sluggishness, demand recovery is in sight for consumer goods companies, partly helped by GST cuts which drove down prices of a host of household essentials and left more money in the hands of shoppers. There have been some initial signs of revival on the ground already, firms said in their recent…
Coinbase Markets is preparing to roll out round-the-clock futures trading for a slate of major altcoins, extending its push into regulated crypto derivatives as demand for non-stop access grows. Starting Dec. 5, futures tied to AVAX$13.40, BCH$559.41, ADA$0.4091, Chainlink LINK$12.67, DOGE$0.1429, Hedera (HBAR), LTC$84.14, DOT$2.3145, SHIB$0.0₅7995, Stellar (XLM) and SUI will trade 24 hours a…
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State-run Life Insurance Corporation of India (LIC) reported a 17% year-on-year rise in consolidated net profit at Rs 12,930 crore for the December quarter, compared with Rs 11,008 crore in the same period last year.The country’s largest life insurer reported net premium income of Rs 1.26 lakh crore in Q3FY26, up 17% from Rs 1.07…
NEW DELHI: Just days after refusing to step down following the Trinamool Congress’ crushing defeat in the West Bengal Assembly elections, Mamata Banerjee appears to have quietly acknowledged the end of her government.The West Bengal chief minister’s bio on X now describes her as “Founder Chairperson All India Trinamool Congress. Chief Minister of West Bengal…
Army chief Gen General Upendra Dwivedi called on Vice Admiral Justin Jones, Chief of Joint Operations, Australian Defence Force, at the Joint Operations Command. NEW DELHI: Army chief General Upendra Dwivedi, during his Australia visit from Feb 16 to 19, engaged extensively with the senior leadership of Australian defence forces to review ongoing bilateral engagements…
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization. “So far, the use of stablecoins remains limited, but their market capitalization…
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