The FinTech Hub
Source: Coin Tegraph Meta’s metaverse-building Reality Labs operating losses last year rose 10% to $17.7 billion, taking its total losses since 2020 to over $60 billion. Read Full Article
Source: Live Mint Kirloskar Pneumatic Company Limited has announced an interim dividend of ₹3.50 per share (175 percent) for the financial year 2024-25 (FY25). The record date to determine shareholders’ eligibility for the dividend is set for February 7, 2025, with the payment scheduled on or before February 25, 2025. In an official regulatory filing,…
Source: Bitcoinist In a major development concerning crypto asset security, Hong Kong’s Securities and Futures Commission (SFC) has flagged 33 new suspicious websites falsely claiming to be affiliated with HashKey, a licensed cryptocurrency trading platform in the region. This announcement increases the number of reported HashKey impersonators to 45. According to the SFC, these fraudulent…
Source: Live Mint Credit cards are a great way to spend smartly if you plan your expenses properly. If you have an Axis Bank credit card, it is important to make on time payments to avoid penalties and keep your credit score healthy. Axis Bank offers many ways through which you can pay your credit…
Source: Coin Tegraph Adoption can’t happen without practical cross-border cooperation, which will support the growth of digital assets while managing risks and ensuring regulatory compliance. Read Full Article
Source: Live Mint (Bloomberg) — The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts. Most economists in a Bloomberg survey expect Governor Lesetja Kganyago to reduce the benchmark interest rate to…
Source: Bitcoinist Coinbase has obtained a Virtual Asset Service Provider (VASP) registration with the Comisión Nacional de Valores (CNV) in Argentina, thereby officially expanding its presence in the country. This regulatory sanction enables Coinbase to conduct business legally in Argentina, which is a critical component of its ongoing global expansion strategy. Regulatory Milestone Coinbase has…
Source: Live Mint Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence, as detailed in a report by ANI. The report further elaborated that loan growth in six of India’s biggest banks on an aggregate basis is expected to decline to 12.3% in the fiscal year closing March…
Source: Coin Tegraph The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments. Read Full Article
Source: Live Mint One of my friends is a dentist and has joined a private hospital. The hospital owner deposits his remuneration every month into his bank account. On submitting his proof for investments for section 80C, he is told that my friend is being treated as a consultant, not a regular employee. Since his…
