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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.

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Bank stock under ₹25 in focus as SMFG plans additional $1.1 billion investment in the company

Trade Brains

Synopsis : Yes Bank gained investor attention after reports of Japan’s SMFG planning an additional $1.1 One of India’s prominent private lenders is back in the limelight after reports surfaced of a major Japanese banking giant deepening its stake in the company. billion in Yes Bank. 63,895 crore. What’s the news?

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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. This special sandbox helps refine stablecoin plans. Regulators clearly plan a very selective approval process. Ant Group’s digital finance units also plan applications.

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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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Crypto Investors Are Choosing Japan Over India; Here’s Why

Trade Brains

Furthermore, its Financial Services Agency (FSA) demands rigorous licensing. Adopting Japan’s licensing model could significantly reduce this speculative flight. Adopting a simpler, flatter rate like Japan’s planned system seems essential. For instance, only trusted banks can issue yen-pegged stablecoins.

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7 Ways to Buy a New Home Before Selling Your Current House

Darrow Wealth Management

Advance planning. Banks do not often allow either method of the home is already on the market. Taking a loan from your 401(k) Ask your plan administrator or HR departmentwhether 401(k) loans are permitted under the plan. Further, some lenders are only licensed in certain states. Better ratios.

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Crypto Exchange WazirX Flees Singapore for Panama After Court Ruling

Trade Brains

On June 4th, Judicial Commissioner Kristy Tan rejected WazirX’s restructuring plan. Significantly, WazirX hid plans to relocate and rebrand. Simultaneously, Singapore’s central bank tightened rules. Attached redacted legal documents confirmed the Panama plan. The court cited severe transparency failures.