The FinTech Hub
Source: Coin Tegraph The Bank of Israel released a preliminary design proposal for the digital Shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent for an official launch. On March 3, the Bank of Israel’s Steering Committee issued an initial design for an in-house CBDC — outlining its supporting ecosystem, functionality,…
Source: Live Mint Jio Financial Services Ltd will acquire 7.9 crore shares of Jio Payments Bank from State Bank of India (SBI) for ₹104.5 crore, making the payments bank its wholly owned subsidiary. Currently, Jio Fin holds an 82.17% stake in Jio Payments Bank, a joint venture between Reliance Industries-backed Jio Financial and SBI. Following…
Source: The Verge The Nothing 3A phones were just announced with a new take on the company’s “make tech more fun again” ethos. These devices have improved hardware over the Phone 2A, updated cameras, and a new feature called the Essential Space to store and index your miscellaneous screenshots, voice memos, and photographs, all through…
Source: Venture Beat Under new Canadian management, the mobile game studio Ludia plans to add 50 new jobs this year and possibly make some acquisitions. Read Full Article
Source: Live Mint The Indian credit card market as of March 2025 continues to grow at a fast pace, with estimates predicting a spectacular growth in card volumes in the future. But how many credit cards do you need? Now it is a given that there is no single answer to this, it varies based…
Source: Coin Tegraph The International Monetary Fund (IMF) is looking to tighten restrictions on Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a new request for an extended arrangement under its fund facility to El Salvador, filing several new documents,…
Source: Bitcoinist Europe is the place to be – not because of picturesque Amalfi coast or the Alps but because European stocks outperform their US counterparts. STOXX Europe 600, an index measuring the performance of 600 equities across 17 European countries, grew 3.3% in February, while the US S&P 500 dipped 1.4%. The largest tech…
Source: Live Mint Prior to investing in a mutual fund scheme, investors often examine the past returns of a scheme. This gives an indication of the scheme’s future performance vis-a-vis other funds in the same category. Notably, investors are supposed to examine – besides historical returns – other factors as well. These include the reputation of…
Source: Coin Tegraph Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warns. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered as…
Source: Live Mint Stock Market Today: Bharat Heavy Electricals Ltd (BHEL) share price gained during the intraday trades on Tuesday after the PSU stock updated about a litigation claim. Bharat Heavy Electricals Ltd or BHEL share price that opened at ₹183.80 on the BSE on Tuesday, was lower than previous days close of ₹185.45. The…
