Seychelles Financial News

Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website.

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Cryptocurrency exchange Bitget has launched a new initiative dubbed the “Blockchain4Her” group which aims to support female-led businesses.

₹7.9 trillion and growing at a rapid 32-34 per cent annually, the company disclosed in an exchange filing. Also Read | ‘Tourism stands as…’ Maldives tour and travel body urges EaseMyTrip CEO to resume flight bookings, extends apology Nishant Pitti, CEO and Co-Founder, of EaseMyTrip, said, “We are elated to announce the launch of EaseMyTrip Insurance Broker Private Limited.

CoinDCX is offering a 1% bonus to all investors who wish to shift their holdings to the platform in a bid to capitalise on the government’s crackdown on offshore crypto trading platforms. CoinDCX has earmarked $1 million as incentives for investors looking to withdraw from offshore crypto exchanges, with a cap of Rs 10,000 per person. Through this initiative, the exchange expects a 500% surge in fresh inflows, contributing to an overall 10,000% increase in cryptocurrency deposits, Minal Thakur, EVP, Growth & Strategy at CoinDCX told ET. “In alignment with our unwavering commitment to the community, we have dedicated $1 million to incentivise users transitioning to CoinDCX,” Thakur said.

Prime Minister Narendra Modi, home-grown travel company EaseMyTrip has decided to stop bookings for the island nation, claiming that 'nationalism' is greater than any 'personal interest'. Also Read | India-Maldives Diplomatic Row: 3 ministers suspended, EaseMyTrip stops bookings, Lakshadweep in focus | Top 10 Updates Announcing the news via a post on X (formerly Twitter), EaseMyTrip founder Prashant Pitti wrote, Water & beaches of Lakshadweep are as good as Maldives/Seychelles.

been suspended from their post effective immediately". Earlier, one of the suspended deputy ministers of the Maldives cabinet, Hassan Zihan, had quoted a local media tweet on microblogging platform X and had called the news “Fake". A row erupted on social media last week when a minister and some other leaders in the Maldives used derogatory remarks against PM Modi after he posted a video of him on a beach in Lakshadweep.

₹41.65 on BSE. Nishant Pitti took to social media X to express his support for India, saying, “In solidarity with our nation, @EaseMyTrip has suspended all Maldives flight bookings." Pitti praised Lakshadweep's beaches and waterways, drawing comparisons to the Maldives and Seychelles, and promised exclusive deals to draw attention to the area. EaseMyTrip, an online provider of travel solutions, started the #ChaloLakshadweep campaign to visit Lakshadweep.

Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in its employee and user base in 2023.

By Phil Stewart

Red Sea and Gulf of Aden to try to safeguard commercial shipping against attacks by Yemen's Houthi rebels, who say they are supporting Palestinians under siege by Israel in the Gaza Strip. A statement on Tuesday by U.S. Defense Secretary Lloyd Austin, on a visit to Bahrain, identified several countries taking part in an international force.

KuCoin Labs, the corporate VC arm of the KuCoin ecosystem, has announced a strategic investment to further Bitcoin ecosystem development.

Our OKX review will dive into the hundreds of tokens and trading pairs the exchange offers. Previously known as OKEX, it has become a notable player in the cryptocurrency exchange landscape, catering to a global customer base with a broad range of financial services.

The Financial Conduct Authority has added cryptocurrency exchange Poloniex to its warning list of firms that may not be fully authorized to render trading services in the country.

NSA Ajit Doval participated in the 6th NSA-level Meeting of the Colombo Security Conclave on Thursday in Port Louis, Mauritius to give push to steps to stabilise Indian Ocean Region. The Colombo Security Conclave was established in 2020 when India, Sri Lanka and Maldives agreed to expand the scope and membership of their Trilateral Meeting on Maritime Cooperation. Mauritius joined the conclave at the 5th NSA-level meeting of the Conclave on 09-10 March 2022 held in Male, Maldives. Cooperation under the CSC focuses on five pillars of cooperation including maritime safety and security, countering terrorism and radicalization, combating trafficking and transnational organized crime, cyber security and protection of critical infrastructure and humanitarian assistance and disaster relief.

The scandals of recent years have taken a profound toll on the credibility and trust of the cryptocurrency sector. However, with the SBF trial behind us, Binance’s settlement with the DoJ, and the promise of a Bitcoin ETF creating a positive buzz in the markets, it feels like the industry is at a pivotal moment.

Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent. 

A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds.

Rwanda announced Thursday that it will allow all Africans to travel visa-free to the country, becoming the latest nation on the continent to announce such a measure aimed at boosting free movement of people

NEW DELHI : India-backed Global Biofuels Alliance (GBA) is looking for more countries to join it from South-east Asia and Africa after the Philippines and Tanzania became the latest entrants. The move is strategically significant as it is expected to give India an upper hand over China which has interests in both South East Asian and Africa and has been opposed to joining the alliance. The alliance launched on 9 September on the sidelines of the G20 Leadership Summit was initially conceptualized with a view to getting all G20 members on board.

Cryptocurrency exchange Binance has claimed that it will fully quit Russia by selling its local business to a completely new exchange known as CommEx. While promising its customers a “smooth” migration, Binance hasn’t provided much information about its successor in Russia.