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Ripple Plans to Become Crypto’s First Bank and Expands Stablecoin Network Through New Partnership

Trade Brains

bank charter. At the same time, it formally applied for a national banking license. Building the Stablecoin Highway Ripple just partnered with London’s OpenPayd, a banking-as-a-service provider. The Banking License: A Federal Future? It formally applied for a national banking license.

Banking 59
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Hong Kong Is Turning Into a Gold Mine for Stablecoin Issuers – Here’s What’s Driving the Boom

Trade Brains

Over 40 major banks, tech firms, and payment processors seek stablecoin licenses. They will likely grant only single-digit licenses. Furthermore, compliance costs appear very high. The Securities and Futures Commission (SFC) approved few virtual asset licenses. This new licensing regime is its latest step.

License 52
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This Unicorn Startup Launched India’s first UPI-Powered Bank Branch in Bengaluru

Trade Brains

Synopsis- The Bengaluru-based fintech startup Slice has launched its first-ever UPI-powered digital branch, modernizing the banking sector. This move sets the beginning of a significant revolution in the banking services industry in India. Paperless Ecosystem: As said before, Slice has most of its services paperless. Why Bengaluru?

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Tax Advisor Weekly – April 4, 2025

Harness Wealth

In addition, we look at how the Internal Revenue Service (IRS) Criminal Investigation unit is leveraging banking data to detect financial crimes, and examine a proposed 5 percent payroll tax in Washington state that could significantly impact businesses. Did you miss last weeks edition? Wrappe, J.D.,

Taxes 52
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Edelweiss Financial Services Limited announces ₹3,000 million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs)

Trade Brains

Further, in compliance with the provisions of Regulation 21A and explanation to Regulation 21A of the Merchant Bankers Regulations, Nuvama Wealth Management Limited would be involved only in marketing of the Issue and as per Regulation 25(3) of the SEBI NCS Regulations and shall not issue a due diligence certificate. and EDEL.BO

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Crypto Exchange WazirX Flees Singapore for Panama After Court Ruling

Trade Brains

Simultaneously, Singapore’s central bank tightened rules. Following this, the company rejects seeking Singapore licenses. ” WazirX expressed disappointment but pledged compliance. WazirX’s counsel admitted the undisclosed Panama strategy mid-hearing. This shocked the court. Zettai itself rebrands as Zensui.

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What is a BOI Report and How Do You File One?

Harness Wealth

Ensure BOI reporting compliance and remain updated with the latest BOI regulations with a tax advisor from Harness. A tax advisor from Harness can also help businesses stay up-to-date with the changing legal framework surrounding BOI reporting, ensuring ongoing compliance. Starting at $1,500 per year.

Taxes 52