RBI’s New Year Gift: 6 things you need to know about the new NBFC fixed deposit (FD) rules. Details here | Mint

RBI’s New Year Gift: 6 things you need to know about the new NBFC fixed deposit (FD) rules. Details here | Mint

Source: Live Mint RBI’s New Year Gift: Starting January 1, 2025, the banking sector will see changes, including new Reserve Bank of India (RBI) guidelines for fixed deposits (FDs) offered by Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs). The banking regulator released a regulatory framework for HFCs (Housing finance companies) and NBFCs (Non-banking…

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MicroStrategy Keeps Stacking Bitcoin, Adds 2,138 BTC In Latest Purchase | TheSpuzz

MicroStrategy Keeps Stacking Bitcoin, Adds 2,138 BTC In Latest Purchase | TheSpuzz

Source: Bitcoinist MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its BTC reserves with a…

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PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives

PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives

Source: Bitcoinist The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong continues to diverge…

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