Block Inc. shares rise 6% after-hours as it raises full-year profit forecast
Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth.
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India Spotlight
Regulation, taxation, exchanges and adoption — through an India lens.
SEC division views Canton Coin as digital commodity in no-action letter
SEC's Division of Corporation Finance won't recommend enforcement over Canton Coin's programmatic issuance, calling CC a digital commodity.
SEC Approves Revised Bitcoin ETF Framework for Retail Investors
The U.S. Securities and Exchange Commission has approved a revised framework allowing more Bitcoin ETF products aimed at retail investors. The update standardises disclosure and custody requirements across issuers, and is expected to broaden institutional…
SEC Approves Revised Bitcoin ETF Framework for Retail Investors
The U.S. Securities and Exchange Commission has approved a revised framework allowing more Bitcoin ETF products aimed at retail investors. The update standardises disclosure and custody requirements across issuers, and is expected to broaden institutional…
CFTC Breaks New Ground as Equity Perpetual Futures Get Green Light
The Commodity Futures Trading Commission (CFTC) has cleared the way for perpetual futures tied to individual stocks to begin trading on regulated U.S. exchanges for the first time. CFTC Chairman Selig Hails New Era as Stock Perpetual Futures Enter US Markets…
RBI Expands Digital Rupee Pilot to More Cities and Banks
The Reserve Bank of India has widened its retail digital rupee (e-rupee) pilot, adding more participating banks and cities. The central bank reports steady growth in wallet sign-ups and offline transaction testing. Officials say the CBDC is designed to…
RBI Expands Digital Rupee Pilot to More Cities and Banks
The Reserve Bank of India has widened its retail digital rupee (e-rupee) pilot, adding more participating banks and cities. The central bank reports steady growth in wallet sign-ups and offline transaction testing. Officials say the CBDC is designed to…
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