HDFC Bank retracts crypto warning after RBI’s May 31 circular
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HDFC Bank has officially asked customers to ignore its previous communication warning them about dealing in cryptocurrency transactions.
TNN
The notice sent by HDFC Bank on cryptocurrency transactions had cited RBI’s 2018 circular that was struck down by the Supreme Court in 2020.
Mumbai:
HDFC Bank has officially asked customers to ignore its previous communication warning them about dealing in cryptocurrency transactions.
The notice had cited a 2018 circular by the Reserve Bank of India (RBI) that was struck down by the Supreme Court in 2020. RBIclarified earlier this week that banks should not refer to the said circular to caution customers about trading in cryptocurrency.
Read more about HDFC Bank asks customers to ignore communication on crypto transactions on Business Standard. This communication from the bank comes after the RBI on Monday clarified that banks can no longer cite its circular on cryptocurrencies for not offering such products to customers
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Published 2 June 2021
Binance announced on Thursday its first Binance Smart Chain Hackathon for Africa, tagged ‘Decentralised Africa’, with a prize pool of over $30,000 on Tuesday.
It said the 20-day hackathon would empower blockchain engineers to rapidly build blockchain solutions on the Binance Smart Chain in order to solve real problems identified in the African systems.
According to a statement, the hackathon, which is slated for June, is dedicated to the development of DeFi, NFT projects covering savings, lending and borrowing, swaps, royalties and renting, elections, identity management, land ownership, and NFTs marketplaces, among other relevant areas.
Meanwhile, Coinbase announced on Tuesday that its users can now use their Coinbase Card with Apple Pay and Google Pay.
iSignthis Ltd (ASX:ISX) Increases Stake in NSX Ltd via Placement
iSignthis Increases Stake in NSX Ltd via PlacementMelbourne, June 2, 2021 AEST (ABN Newswire) - iSignthis Ltd (
FRA:TA8) discloses that, consistent with the ISX Group s strategy outlined in the previous announcements of 28th May 2020 and 20th February 2020, the Company s subsidiary ISX Financial EU Ltd ( ISXEU ) has taken up the option to participate in the NSX Limited (
Additionally:
- The ISXEU placement is subject to a successful NSXL shareholders vote.
- The placement amount applied for by ISXEU was for One Million Dollars (A$1m) at the placement price of $0.14/share, for 7,142,857 shares.