Indian diamond industry shattered by US threats
India’s exports of polished diamonds fell 39% to $1,174 billion in July, according to the Gem & Jewellery Export Promotion Council of India, GJEPC. Rough imports also fell 43% to…
How long can the SEC delay approval of Bitcoin ETFs?
The US Securities and Exchange Commission (SEC) may be getting closer to giving the green light to a spot cryptocurrency exchange-traded fund (ETF) after several years of reviewing applications. And…
UAE and India made oil settlement in the local currencies
Abu Dhabi National Oil Company and the Indian oil and gas company, Indian Oil Corporation Limited, have completed the first crude oil sale under the local currency payment system. This…
Stablecoin is not enough: PayPal goes crypto-crazy
PayPal is launching a new service called Cryptocurrencies Hub. This platform will allow users to hold and conduct transactions with Bitcoin and other cryptocurrencies directly through their PayPal accounts. The…