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China declares all crypto transactions illegal

The central bank of China has declared that all crypto transactions and services are illegal, widening its ban on virtual currencies. Authorities in the country will avert and handle the…

SMFG secures CCI nod for Fullerton India deal

Japan’s Sumitomo Mitsui Financial Group (SMFG) has secured a key approval for its previously announced acquisition of Fullerton India Credit Company. The deal was green lighted by the Competition Commission…