Inspired by Tether’s success, major banks are increasingly interested in stablecoins. Societe Generale’s Forge has already launched a euro-backed stablecoin for retail investors, while companies like Revolut and a Deutsche Bank venture called AllUnity are considering their own versions. American banks are likely to follow once stablecoin legislation is passed. Visa is also entering the ...
 "Atlys secures million funding amidst explosive growth, revolutionizing visa processing for millions of travelers, especially from India.")
Atlys, a visa processing platform, has successfully raised $20 million in its Series B funding round, co-led by Peak XV Partners and Elevation Capital. This new investment brings Atlys’ total funding to $40 million and comes as the company has experienced remarkable 20x growth in the past year. The funds will support Atlys’ expansion into ...
 "India investigates Netflix for visa violations and discrimination amid allegations, stirring drama within the streaming giant’s local operations.")
India is currently investigating Netflix’s local operations over concerns related to visa violations and racial discrimination. A government email revealed that authorities are examining allegations of tax evasion and illegal practices linked to the streaming giant. Nandini Mehta, a former Netflix executive, is pursuing legal action in the U.S. against the company for wrongful termination ...
Today’s Current Affairs shed light on the increasing demand for Schengen visas in India, with a staggering 9.7 lakh applications last year, marking a 44% rise from 2022. The surge in applications, fueled by pent-up travel aspirations, has led to a scarcity of visa interview slots, causing frustration among eager travelers. Countries like China witnessed ...
