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Tether Says Will Not Block Tornado Cash until it is Directed by Authorities

The broader cryptocurrency industry is subtly pushing back against the sanctions on Tornado Cash by the United States Treasury Department for facilitating the transaction of illicit funds. In a new report by the Washington Post, USDT issuer, Tether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do …

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Devyani International tanks 7% after over 2% equity traded via block deals

Shares of Devyani International (DIL) tanked 7 per cent to Rs 182.50 on the BSE in Tuesday’s intra-day trade after over 2 per cent of the total equity of the restaurants company changed hands via block deals. At 09:15 am; around 28.95 million equity shares representing 2.4 per cent of the total equity …

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Sebi moves to safeguard demat accounts through block mechanism

Market regulator, Securities and Exchange Board of India (Sebi), has announced fresh steps to safeguard investors’ demat accounts. The regulator has said that the so-called block mechanism will become mandatory for all early pay-in transactions with effect from November 14. The early pay of securities is used by traders to reduce their margin obligations. …

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