Following a targeted report on VASPs and digital assets, the FATF [Financial Action Task Force], a global coordinator of financial standards and illicit activity, has filed a report on decentralized finance, or DeFi. FATF standards are followed, and at times adhered to, by approximately 200 countries. The targeted report on DeFi highlights the ‘regulatory challenges”…
Key Points Consumers and investors enthusiastically initially embraced Beyond Meat. The company hasn’t lived up to expectations, and sales have declined over the years. Management will attempt to reverse the trends by broadening the company’s product offerings. 10 stocks we like better than Beyond Meat › Some investors jump on a stock when its price…
FDI (Representative image) 1 min read Last Updated : Jul 28 2026 | 8:24 PM IST The government is considering a proposal to ease foreign direct investment (FDI) norms for downstream investments to boost overseas fund inflows and create jobs, sources said. The proposal is currently under inter-ministerial discussions, they said. The…
The Conveyancing Association’s non-executive chair Nicky Heathcote will step down from her role as she nears the end of her second term leading the association. Heathcote will remain in post while the board appoints her successor. During her tenure, Heathcote has led a number of initiatives designed to strengthen the association and ensure it continues…
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Luk Fook Securities (HK) Limited (LFSHK) $2.1 million after finding the firm failed to implement adequate cybersecurity controls, a lapse that may have contributed to its inability to withstand a ransomware attack in 2022. The attack, which struck on 19 September 2022, hit LFSHK’s…
The update makes DeFi access easier by reducing the approval process to a single wallet signature. Flare has introduced Smart Accounts version 1.3 to simplify how XRP holders access decentralized finance (DeFi) without changing their existing wallet. The update also removes the need to create separate wallets, manually bridge assets, or manage gas tokens…
Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a staff memo from Visa CEO Ryan McInerney. The company is making the cuts to reinvest in consumer payments, commercial and money movement solutions, and value-added services such as stablecoin, cross-border…
Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for primary homes. Still, second-home mortgages account for just 3% of all home loans. Second-home purchases are rising because affluent buyers are fairly active in today’s housing market; additionally, demand dropped…
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Packaging can be removed from the bathroom counter, Bo Keuleers, an interior-design project manager at MVA Home, told BI. Cotton-swab containers, for example, are often large, long, and visually unappealing. Instead, replace the packaging with glass jars to “instantly create a spa-like atmosphere that is relaxing, calming, and appears more elegant,” Keuleers said. She said…