Nearly 90% Of Crypto Firms Fail UK’s AML Standards—What’s Going Wrong?

Nearly 90% Of Crypto Firms Fail UK’s AML Standards—What’s Going Wrong?

Source: Bitcoinist The turbulent UK cryptocurrency landscape sees the Financial Conduct Authority report that 87% of crypto registration applications failed in the last fiscal year. This is a staggering fact that brings up very serious questions concerning the effectiveness of anti-money laundering controls in the industry. Only four out of 35 applications were approved, underlining…

Read More
Hexaware Technologies investors to sell shares worth  ₹9,950 crore in IPO | Stock Market News

Hexaware Technologies investors to sell shares worth ₹9,950 crore in IPO | Stock Market News

Source: Live Mint Mumbai-based Hexaware Technologies has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) in which promoters will sell shares worth ₹9,950 crore. If successful, Hexaware’s IPO would be the largest in the country’s information technology services space since Tata Consultancy Services’ ₹4,713-crore initial…

Read More