Business

RBI grants credit lines through UPI to small finance banks
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12 December, 2024

RBI grants credit lines through UPI to small finance banks

The RBI has allowed small finance banks to extend pre-sanctioned credit lines through the UPI to extend "financial inclusion" and...
German-based 21X obtains EU license, eyes tokenization platform
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12 December, 2024

German-based 21X obtains EU license, eyes tokenization platform

Germany-based 21X received full approval from Germany’s financial authority, BaFIN. Meanwhile, MGA has been licensed by Italian authorities to operate...
The BTC HODL tax has begun
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11 December, 2024

The BTC HODL tax has begun

The HODL tax is yet another radical change to BTC, deviating from the peer-to-peer electronic cash system Satoshi Nakamoto designed...
Foundry lays off staff as Marathon, Hive expand
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11 December, 2024

Foundry lays off staff as Marathon, Hive expand

Foundry laid off a quarter of its workforce as it spun off from DCG, while Marathon acquired a Texas windfarm...
Rohan Sharan: Focus on tokenization rather than ‘crypto’
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11 December, 2024

Rohan Sharan: Focus on tokenization rather than ‘crypto’

With the status of digital currency still in limbo, Timechain Labs' Rohan Sharan advises businesses to focus on real-world asset...
Uzbekistan emerges as Central Asia leader in digital currency adoption
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11 December, 2024

Uzbekistan emerges as Central Asia leader in digital currency adoption

In other news, German companies are focusing more on AI and cloud computing over blockchain, as 72% of respondents disclosed...
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