Digital Financial News

Coinbase has been targeted by US regulators in a new lawsuit on Tuesday that alleges the cryptocurrency platform is operating as an unregistered securities platform and brokerage service.

The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs).

Stable Money, an online marketplace providing fixed-income investment opportunities to investors was launched and is now ready for customers to download, said the company through its press release on Wednesday. The digital platform compares FD interest rates from over 200 banks, enabling customers to manage and track their FDs using digital tools. Stable Money, which recently secured funding from Matrix and Lightspeed, has on-boarded quite a few partner banks and NBFCs, such as Utkarsh Small Finance Bank, Shivalik Small Finance Bank, Shriram Finance Limited, among others, to offer their fixed-income products, said the press release. The company, while launching the platform, introduced a set of new features such as Break FD, FD Laddering and Switch FD. 'Break FD' offers investors to access funds before maturity without returns. Next is 'FD Laddering' which will guide investors to maintain a balanced portfolio by considering both liquidity and returns.

KIT Global, a leading digital marketing agency with over 20 years in the space, has recently entered this market. We caught up with KIT Global’s CEO Pavel Yurovitskiy for a chat on the future of digital marketing, and its plans for India.Economic Times: An overview of KIT Global’s journey and its positioning on the global stage.Pavel Yurovitskiy: Kit Global has made significant strides in the global digital marketing arena.

Wadia Group entity Bombay Dyeing & Manufacturing Company (BDMC) has approved the plan to sell around 22 acres land parcel along with its associated floor space index (FSI) to a subsidiary of Japanese realty developer Sumitomo Realty & Development Company for a total of Rs 5,200 crores. The entire transaction with Sumitomo will be completed in two phases including the first tranche of Rs 4,675 crore. The balance Rs 525 crore will be received upon completion of certain conditions by BDMC and execution and consummation of the definitive agreements for the second phase.

renewable energy of India and the Ministry of Energy of Saudi Arabia – MoC (Memorandum of Cooperation) between the Ministry of Communication and IT of Saudi Arabia and MEITY of India in the field of Digitization and Electronic Manufacturing – MoU between the CVC of India and the Saudi Oversight and Anti-Corruption Authority – MoC between the National Archives of India and King Abdulaziz Foundation of Saudi Arabia in the area of archival cooperation – Framework of Cooperation on Enhancing Bilateral Investment between Invest India and the Ministry of Investment of Saudi Arabia – MoU between Saudi EXIM Bank and EXIM Bank of India – MoU for Cooperation in the Technical Field & Establishment of the Small and Medium Enterprises Bank between SIDBI and SME Bank of Saudi Arabia – MoU on Seawater Desalination between National Institute of Technology of India and Saline Water Conversion Corporation of Saudi Arabia There were also more than a dozen MoUs between private companies facilitated by Invest India and the Ministry of Investment of Saudi Arabia. Additionally, both the countries plan to channel $100 billion in investments pledged by the Saudi Prince in 2019.

OTT platform will broadcast the matches in 11 different languages and has enlisted cricket stalwarts like Suresh Raina, Kedar Jadhav, Aakash Chopra, Amit Mishra, Hanuma Vihari, Kiran More, Anirudha Srikanth, Sarandeep Singh, and others to form an expert panel. Viacom18, a subsidiary of Reliance Industries, has secured exclusive media rights for international and domestic matches organized by the Board of Control for Cricket in India (BCCI).

Founded in 2014, MoEngage is reshaping the customer engagement space through product innovation and proprietary technology built in-house. Present in 35 countries, the company provides the best-in-class regional support and guidance to help create memorable moments for customers.

India's government has told a court that Elon Musk's X is a «habitual non-compliant platform» and for years has not followed many orders to remove content, undermining the government's role, according to a legal filing reviewed by Reuters. The remarks were contained in an Aug. 24 non-public filing by India's IT ministry to the high court in the southern state of Karnataka, which is set to hear a challenge brought by the social media platform over a government fine in coming days.

New Delhi Declaration adopted at the G20 Summit emphasised the «strengthening» of the fight against illicit trafficking of cultural property at the national, regional or international levels to enable its «return and restitution» to their countries and communities of origin.

Digital Nomad Visa, several media outlets reported. It was formally introduced in 2021 but its official launching has been confirmed only now. The visa is expected to boost Sri Lankan tourism. To be eligible for the visa, you will need to have at least a $ 2,000 monthly income, which should be channeled through the Sri Lankan baking system. The visa holder will also be eligible to renew it every year once they show minimum bank balance required. Applicants will also have to pay $500 application fee. The fee will cover the visa holder’s spouse and dependents. You will also require a passport which is valid for at least next six months after you enter Sri Lanka. Employee, freelancers, or business owners who have clients abroad are going to benefit the most from this visa. Those who travel to Sri Lanka on Digital Nomad visa will not be allowed to work in the country or engage in economic activities of the country. The launching of the Digital Nomad Visa was proposed by Minister of Public Security Tiran Alles, aiming to attract global talent.

China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports that said some government agencies and firms had told staff to stop using Apple's iPhones at work. «China has not issued laws, regulations or policy documents that prohibit the purchase and use of foreign brand phones such as Apple's,» foreign ministry spokesperson Mao Ning told a regular press briefing when asked about the reports.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Digital assets investment giant Pantera Capital is increasing its venture capital (VC) reach to mid-stage crypto-centric companies, at a time when investors are interested in artificial intelligence (AI), particularly after the crypto market rout.

Stellar Lumens (XLM) price action is hitting the deck, after a disappointing -8% market reaction to the release of the 'Real World' campaign by the Stellar Organisation in collaboration with Idris Elba.

By Davit Kirakosyan

In recent years, the investment flow into the real estate’s alternative asset class has highlighted Data centers and co-living as the favored choices for global institutional investors. According to Colliers India’s latest report, alternative assets in India received cumulative investments of about USD2.0Bn during the last 4-5 years (2019-H1 2023), led by foreign investors. Foreign investments accounted for 78% of the total investments in the segment, as investors continued to seek newer markets and newer avenues segments to diversify their asset portfolio while enhancing risk adjusted returns.

You can now make payments through UPI even if your account lacks sufficient money.The Reserve Bank of India (RBI) has recently given the green light to banks to offer a credit line facility to UPI users, allowing users to spend from a pre-sanctioned credit line and settle the dues later.

99acres, an Indian real estate portal, has teamed up with Bollywood actor, Jackie Shroff to launch the #AndarKiBaat campaign. As per the company, this digital campaign aims to revolutionise the way people search for property, tapping into the quirky humor and persona of ‘Bhidu’ himself. In a three-minute video posted on his Instagram handle, Jackie Shroff, a resident of Khar, reacts to resident reviews of his locality, setting the stage for a laugh riot with nuggets of his classic wisdom throughout.

Binance.US Chief Executive Officer Brian Shroder has left the crypto trading platform and been replaced on an interim basis by Chief Legal Officer Norman Reed, according to a company spokesperson.

home theatre. Whether you're a seasoned cinephile or simply seeking to elevate your entertainment space, this blog is your gateway to the top picks for the best home theatre setups in 2023. We've scoured the market, tested the latest technologies, and consulted with experts to bring you a curated selection that guarantees to transport you into the heart of your favourite films and TV shows.