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Indian Supreme Court Postpones Crypto Case to November

The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police From Cashing [Read More...]

Diversified Crypto Fund Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto [Read More...]

The Fed Plans to Inject $60 Billion per Month Into the Economy

On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020. Further, Fed chair Jerome Powell [Read More...]

Walmart to make some third-party products on its site cheaper for a limited time, subsidizing the new prices, similar to the Discount Provided by Amazon program (Matthew Boyle/Bloomberg)

Matthew Boyle / Bloomberg: Walmart to make some third-party products on its site cheaper for a limited time, subsidizing the new prices, similar to the Discount Provided by Amazon program  —  – Chain reimbursing third-party sellers when it forces price cut  — Company using new ideas in bid to grab sales from web [Read More...]

Libra loses Booking Holdings’ support, but continues with association draft laws at Geneva meeting, appoints members from a16z, Xapo, PayU, more to its board (Reuters)

Reuters: Libra loses Booking Holdings’ support, but continues with association draft laws at Geneva meeting, appoints members from a16z, Xapo, PayU, more to its board  —  LONDON/SAN FRANCISCO (Reuters) – Backers of Facebook Inc’s (FB.O) Libra cryptocurrency project pledged to forge ahead after selecting [Read More...]

Microsoft debuts the preview of its Project xCloud game streaming service for Xbox users in the US, UK, and Korea, initially with four games for Android devices (Tom Warren/The Verge)

Tom Warren / The Verge: Microsoft debuts the preview of its Project xCloud game streaming service for Xbox users in the US, UK, and Korea, initially with four games for Android devices  —  Available in the US, UK, and Korea initially  —  Microsoft is officially launching its Project xCloud preview today for Xbox users in the US, UK, and [Read More...]
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