Catenaa, Tuesday, May 06, 2024-Apple has begun shifting production of most iPhones bound for the US away from China, with India and Vietnam emerging as key alternatives, CEO Tim Cook announced Thursday. The move follows mounting tariff pressures from the Trump administration and is part of Apple’s broader strategy to reduce its dependence on Chinese […]
Catenaa, Wednesday, April 09, 2025-Australia securities watchdog, the Australian Securities and Investments Commission (ASIC), has successfully shut down 95 companies linked to fraudulent crypto investment and romance scams. The Federal Court approved the closure yesterday, April 8, 2025, after ASIC revealed that the firms were operating under false or misleading premises. Many of the companies […]
Catenaa, Monday, May 12, 2-25- A wave of de-dollarization could hit global markets as BRICS nations and Asian economies consider shedding an estimated $2.5 trillion in US dollar reserves, according to financial insights shared with Bloomberg by Stephen Jen, head of Eurizon SLJ Capital. The move is seen as part of a broader shift favoring […]
Catenaa, Saturday, March 01, 2025-Crypto exchange Bybit has resumed full trading services in India Tuesday after registering with the country’s Financial Intelligence Unit (FIU) and paying a regulatory fine. The exchange, which had previously suspended operations over compliance concerns, announced Tuesday that it had restored access for existing users and was gradually onboarding new customers. […]
Catenaa, Saturday, May 17, 2025- India government has instructed cryptocurrency platforms to tighten surveillance on transactions originating from Jammu and Kashmir and other border regions, following concerns about potential terror financing. The advisory, issued last week by the Financial Intelligence Unit (FIU-IND), directs exchanges to closely monitor transactions linked to “private wallets” – decentralized tools […]
Catenaa, Monday, February 03, 2025 – India is reviewing its stance on cryptocurrencies as other nations soften their positions on digital assets, a senior government official said Sunday. According to report filed by Reuters News Agency. Ajay Seth, India’s economic affairs secretary, told Reuters the government is revisiting a long-awaited discussion paper on cryptocurrency regulation, […]
Catenaa, Sunday, May 25, 2025- India’s Supreme Court on Monday pressed the central government over its prolonged inaction on cryptocurrency regulation, calling the absence of a “clear-cut” policy concerning and potentially harmful to the economy. The court’s remarks came during a hearing related to an alleged cryptocurrency fraud case. A bench of Justices Surya Kant […]
Catenaa, Saturday, June 31, 2025-India’s cryptocurrency sector is intensifying efforts to persuade the government to reduce the steep 30% capital gains tax and 1% transaction levy imposed in 2022, industry leaders said Tuesday, early last week. The tax measures, originally aimed at curbing illicit activity, have driven over 90% of crypto trading offshore, according to […]
Catenaa, Friday, March 14, 2025-Russia is increasingly using cryptocurrencies in its oil trade with China and India, leveraging digital assets to streamline cross-border transactions, according to report filed by the Reuters said. While Russia has encouraged crypto adoption and passed legislation allowing digital payments in international trade, this is the first time its use in […]
Catenaa, Thursday, April 24, 2025-Russia Central Bank and Finance Ministry will launch a state-sanctioned cryptocurrency exchange for “highly qualified investors,” signaling a major shift in the country’s approach to digital assets, local news agency Interfax reported Wednesday. The exchange will operate under an experimental legal regime designed to increase transparency and set industry standards, Russian […]
Catenaa, Friday, May 16, 2025– US President Donald Trump said on Friday tariffs rate for US trading partners will be set over the next two to three weeks, as his administration lacks the capacity to negotiate deals with all trading partners. Trump said Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be sending […]
Catenaa, Monday, May 26, 2025-Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has turned down offers from India, Qatar and Singapore to build advanced semiconductor manufacturing facilities, according to a news report from Taiwanese tech publication DigiTimes. The decision marks a notable setback for the three countries, each of which had hoped to […]
Catenaa, Thursday, February 06, 2025 – Indian cryptocurrency exchange WazirX warned Tuesday that repayments from its $234 million hack could be delayed until 2030, depending on the outcome of its restructuring plan. The exchange outlined two possible scenarios: If creditors approve the restructuring, repayments will follow a structured plan with potential profit-sharing benefits. If rejected, […]