Digital Financial News

VanEck and 21Shares 19b-4 filings for Solana ETF have been removed from the CBOE website which has sparked speculation the application for the products may have been withdrawn.

Last week, I had the privilege of attending the launch of ON Courts (Open Networked Courts) in Kerala, possibly the most creative re-imagining of the justice delivery system attempted in the country to date. Rather than merely adding new digital layers on top of existing non-digital workflows, this bold redesign of the judicial system re-examines how processes at the heart of the system ought to operate.

Mint explains: BHIM, the payment application developed by NPCI, was among the first wave of apps launched (in December 2016) to facilitate digital payments using the Unified Payments Interface (UPI). BHIM allows users to send or receive money from a UPI payment addressee, or send money to non-UPI based accounts by scanning a QR code. For BHIM, the maximum transaction limit is ₹1 lakh per day for a single bank account linked to the app.

Sitharaman Monday asked public sector banks, or PSBs, to make concerted efforts to mobilise deposits by conducting special drives to sustainably fund credit growth. Sitharaman reviewed the performance of PSBs and asked them to expeditiously implement recent budget announcements, including, a new credit assessment model for MSME (Micro, Small & Medium Enterprises) based on digital footprint and cash flows. Sitharaman, a finance ministry statement said, observed that while credit growth had picked up, mobilisation of deposits could be improved further. The finance minister was reviewing the performance of PSBs on their financial parameters, deposit mobilisation, digital payments, cyber security framework, and access to credit under financial inclusion.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Sebi has proposed to replace the term 'consent letter' with 'debenture trustee agreement'. The change will streamline the process for appointing debenture trustees in the issuance of securities, ensure transparency in the appointment of debenture trustees, and play a crucial role in the securities market. In a consultation paper floated on Saturday, the markets watchdog proposed replacing the term «consent letter» with «debenture trustee agreement» in Sebi's (Issue and Listing of Non-Convertible Securities) rules or NCS regulations.

Quidax, a cryptocurrency exchange founded in Africa, said it has become the first crypto exchange to receive a ‘provisional operating license’ from Nigeria’s Securities and Exchange Commission (SEC).

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

gaming and animation in India is bright and Bengaluru is poised to be at the forefront, said Karnataka Minister Priyank Kharge on Monday. The government is committed to supporting startups and SMEs in the Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) sector and establishing the state as a global hub for AVGC, he said. «Government is ready with funds and is willing to partner with anyone. In fact, I am seeing the AVGC industry as a foot in the door for electronics manufacturing for gaming accessories. So, it has the potential to create a parallel economy with respect to manufacturing as well,» said Kharge, who holds the portfolio of Information Technology. The minister unveiled the theme and poster for GAFX 2025, the 6th edition of one of India's most eagerly awaited gatherings in the gaming, digital media, and entertainment industries, which will be held between February 27 and March 1, 2025.

Public procurement from MSMEs surged 100% to Rs 75,742 crore in FY24, according to the Ministry of Micro, Small and Medium Enterprises' (MSME) latest annual report (2023-24) released Monday. As per the report public procurement from MSMEs by 133 Central Public Sector Enterprises (CPSEs) and one department has increased by almost 100% to Rs 75,742 crore in FY24, up from Rs 38,432 crore in FY23. Total procurement by CPSEs and departments reached Rs 2,13,685 crore in FY24, a nearly 100% increase from Rs 1,07,988 crore in FY23.

Mint, sitting in his office in Bengaluru’s Koramangala neighbourhood. In 2013, he co-founded Citrus Pay, another payments company, and sold it to Naspers-owned PayU in a cash deal worth $130 million in 2016. Rau decided to take the keys from Singh and joined Pine Labs as CEO in March 2020.

Finance Minister Nirmala Sitharaman chaired a meeting to review performances of Public Sector Banks in Delhi on Monday. The meeting was also attended by Dr Vivek Joshi, Secretary, M Nagaraju, Secretary-Designate, Department of Financial Services, Heads of Public Sector Banks (PSBs) and senior officials of Department of Financial Services (DFS). Various financial parameters like Deposit Mobilisation, Digital Payments and Cyber Security, Implementation of new credit products/ schemes and Access to Credit under Financial Inclusion were discussed in detail. During the meeting it was noted that during FY24, the PSBs performed well across all financial parameters as evidenced by improved asset quality with Net NPAs (NNPAs) declining to 0.76 per cent, sound capital adequacy of the banks at 15.55 per cent, Net Interest Margin (NIM) of the banks at 3.22 per cent, and highest ever net aggregate profit of Rs. 1.45 lakh crore with the dividend of Rs 27,830 crore to the shareholders. Improvements over various parameters have also enhanced the ability of PSBs to raise capital from the markets.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Tamil cinema fans are in for a treat with a lineup that promises something for everyone, whether you're heading to the theaters or cozying up at home with your favorite streaming service. From highly anticipated theatrical releases to exciting new series and films debuting on OTT platforms, this week offers a rich tapestry of storytelling, star power, and cinematic creativity. With the diversity in genres and narratives, there’s no shortage of entertainment, whether you’re in the mood for intense drama, action-packed thrillers, or heartwarming family tales. August 19 to August 25 brings a mix of traditional cinema and modern digital offerings, featuring big names like Prabhas, Amitabh Bachchan, and Dhanush, along with talented filmmakers like Mari Selvaraj and PS Vinothraj.

Aug 19th, Panama – Gate Ventures, the venture capital arm of Gate.io, and the Blockchain Center in Abu Dhabi, a global hub for Web3 technologies, are pleased to unveil Falcon Gate Ventures, a $100 million fund aiming to drive Web3 innovation in the coming years. This joint venture initiative takes a global stance to support Web3 builders that are committed to reshaping the world in the digital age.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Imagine sending a secret message to someone. Traditionally, you might use a unique code or encryption to keep it safe from prying eyes. But can you guarantee that no one intercepts or tampers with your message, especially without being detected? That’s where quantum cryptography comes in.

On Tuesday, hardware chain Lowe’s reports its most recent quarterly results

HDFC Bank Ltd. with a target price of Rs 1,850. The current market price of HDFC Bank Ltd. is Rs 1,630. HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 1241721.64 Crore).