Canada Says No to Lower Margin Rates for Crypto Funds—Here’s Why

Canada Says No to Lower Margin Rates for Crypto Funds—Here’s Why

Source: Bitcoinist The Canadian Investment Regulatory Organization (CIRO) has announced that cryptocurrency funds will be excluded from its List of Securities Eligible for Reduced Margin (LSERM), a quarterly list that identifies securities qualifying for reduced margin rates. CIRO’s ruling, effective as of February 5, cites the “high volatility, liquidity concerns, and regulatory uncertainties” surrounding cryptocurrency…

Read More
RBI kicks off rate cut cycle—what it means for borrowers and makets | Mint

RBI kicks off rate cut cycle—what it means for borrowers and makets | Mint

Source: Live Mint The long-awaited policy rate easing by the Reserve Bank of India (RBI) is finally here. With inflation cooling from recent peaks, GDP growth dipping marginally, and global central banks shifting to accommodative policies, expectations were high ahead of the latest monetary policy review.  The announcement did not disappoint—RBI has cut the repo…

Read More
SEC Approves $SOL ETF: Will Solaxy Meme Coin Explode?

SEC Approves $SOL ETF: Will Solaxy Meme Coin Explode?

Source: Bitcoinist It seems we’ve entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once. Namely, the regulator made an update on Grayscale’s Solana ($SOL) ETF, which it had rejected last year after calling the asset a security. Bloomberg analyst…

Read More
How to read your credit report and safeguard your information? A step-by-step guide | Mint

How to read your credit report and safeguard your information? A step-by-step guide | Mint

Source: Live Mint History holds significance as it helps understand past events, which aids in making sense of the present, and taking informed decisions for the future. For financial institutions (FIs), such as banks and non-banking financial companies (NBFCs), understanding the history of a customer in terms of how he/she has managed credit in the…

Read More