The FinTech Hub
Source: Coin Tegraph The US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token. House Democrats are preparing to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act, which would prohibit public officials from profiting from digital assets, California Rep. Sam Liccardo…
Source: Live Mint On Wall Street the S&P 500, the Nasdaq and the Dow Jones rose to all-time highs on Wednesday as Donald Trump won the 2024 US presidential election. The Dow Jones Industrial Average rose 1,450.11 points, or 3.43 per cent, to 43,671.12, the S&P 500 advanced 138.27 points, or 2.39 per cent, to 5,920.87…
Source: Bitcoinist Last month, crypto startups received hefty funding boosts, nearly garnering an impressive $800M through VC investments. Among those, a whopping $583M was granted to crypto startups developing crypto-related infrastructure, contributing to utility-based presale tokens like Flockerz ($FLOCK) to gain notable traction. According to DefiLlama data, this marks the fourth-highest financial support this year…
Source: Live Mint (Bloomberg) — The transition to a low-carbon economy has the potential to leave assets worth $2.3 trillion stranded by the end of the next decade, according to a new analysis. Oil, gas and coal reserves — as well as the infrastructure and investments underpinning fossil fuels — may “lose economic viability” before…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, capped off their best week since June on Friday, primarily driven by gains in the financial sector. This surge came after the central bank’s decision to reduce the cash reserve ratio (CRR) that banks are mandated to maintain, which has effectively…
Source: Coin Tegraph Bybit was removed from France’s AMF blacklist and now seeks a MiCA license for the EU, while still facing regulatory challenges in India and Malaysia. Read Full Article
Source: Business Standard Stock Market LIVE Updates, Monday, September 16, 2024: Indian equity benchmark indices were likely to start on a slightly positive note on Monday, as indicated by GIFT Nifty futures, even as investors digested downbeat economic data coming out of China. At 7:15 AM, GIFT Nifty futures were at 25,433,…
Source: Live Mint The young financial analyst bought these properties with his savings from salary and a loan that he has already repaid. Sonthalia’s net worth runs into several crores of rupees, including liquid savings of about ₹1 crore, in all of five years of his career. Here’s what made this possible. Sonthalia works in…
Source: Venture Beat Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Meta’s new flagship AI language model Llama 4 came suddenly over the weekend, with the parent company of Facebook, Instagram, WhatsApp and Quest VR (among other services and products) revealing not one, not…
Source: Live Mint In December 2024, total number of credit cards was 108.06 million, a 10.4 percent year-on-year increase as compared to Dec 2023, shows a report by Worldline India. The report further reveals that top five issuers of credit cards were HDFC Bank, State Bank of India (SBI), ICICI Bank, Axis Bank and RBL…
