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Indonesia bans fintech firms in payments from using cryptocurrencies

by www.business-standard.com
JAKARTA (Reuters) - Indonesia's central bank has issued a regulation banning use of cryptocurrencies by financial technology companies involved in payment systems, and said it is examining whether there's a need to regulate trading on virtual currency exchanges.
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With the Narendra Modi-led Bharatiya Janata Party (BJP) likely to be back in driver's seat in Gujarat and a possible win in Himachal Pradesh (HP) in the recent assembly elections, analysts expect mark
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Page Industries, Shriram Transport Finance Corporation, Sun TV Network and TVS Motor Company from the midcap index hit their respective record highs.
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Gold prices rose Rs 74 to Rs 28,328 per 10 grams at the futures trade as speculators created fresh positions. Analysts said building up of positions by speculators led to a jump in gold prices. At...
The rupee recovered from the early low of 64.72 as the BJP headed for a victory in Gujarat to retain its nearly two-decade stranglehold over power, and also stayed on course to oust the Congress in H
At 11:49 AM; Nifty PSU Bank index, the largest gainer among sectoral indices, was up 3% at 3,854, bouncing back 7.4% from its intra-day low of 3,587 on the NSE.
Markets recover from 850 points fall as BJP nears 2012 mark in Gujarat
Spot gold faces resistance at $1,262/oz
Shares of Indian logistics provider Future Supply Chain Solution Ltd rose as much 4.8 per cent on their market debut after the company's Rs 650 crore ($101 million) initial public offering. At abo...
Gail (India), Graphite India, Balkrishna Ind, Relaxo Footwear, Sun TV Network, Titan Company and Greenply Industries were among 17 stocks from the S&P BSE 500 index touched their new highs on the BSE.
The CME bitcoin front-month futures contract did open higher at $20,650, but dropped 6 per cent within the first half hour.
The issue had seen strong demand with investors bidding for nearly 7.5 times the shares on offer.
Adani Enterprises, Adani Transmission, Adani Power and Adani Ports have recovered between 9% and 18% from their respective intra-day lows.
The rupee plunged 68 paise to 64.72 against the dollar as early trends showed that the BJP and the Congress were neck and neck in Gujarat Assembly election results. According to early trends, the ...
The stock listed at Rs 674, a 1.5% premium against its issue price of Rs 664 per share on the BSE.
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