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India's USDT premium jumps over 8.5% after raids disrupt stablecoin supply amid crypto remittance probe

Market News
29 Jun 2026
Crypto news
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Bearish
pluang ai news

India's USDT stablecoin premium surged above 8.5%, more than double the usual 3-4% range, following Enforcement Directorate raids on crypto payment firms accused of unauthorized cross-border transfers totaling over 2,500 crore rupees. The crackdown disrupted domestic USDT supply as firms allegedly bypassed official remittance channels using stablecoins, prompting tighter regulatory scrutiny including AML checks and tax compliance. Market makers also reduced overseas USDT purchases, further tightening supply. Upcoming policy discussions with the Reserve Bank of India and other bodies will shape future crypto regulation amid ongoing enforcement and rising crypto adoption in India.

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Volaris Group acquires UK-based SureView Systems to boost security software portfolio.

Volaris Group acquires UK-based SureView Systems to boost security software portfolio.

Volaris Group has acquired SureView Systems, a UK company specializing in enterprise security monitoring and response software for physical and cyber domains. This acquisition enhances Volaris's security vertical by adding SureView's expertise in phy...

Company Fundamentals
Bullish
36 minutes ago
Skanska USA names Bryan Northrop as EVP and GM of Advanced Technology unit to boost growth in semiconductor and data center projects.

Skanska USA names Bryan Northrop as EVP and GM of Advanced Technology unit to boost growth in semiconductor and data center projects.

Skanska USA has appointed Bryan Northrop as executive vice president and general manager of its Advanced Technology unit, effective July 1. Northrop will oversee construction projects related to semiconductors and data centers across multiple states,...

Company Fundamentals
Bullish
36 minutes ago
Caribou Biosciences CEO to speak at H.C. Wainwright Cell Therapy Conference June 30, 2026

Caribou Biosciences CEO to speak at H.C. Wainwright Cell Therapy Conference June 30, 2026

Caribou Biosciences, a clinical-stage CRISPR biopharma company, announced that CEO Rachel Haurwitz will participate in a fireside chat at the H.C. Wainwright 4th Annual Cell Therapy Virtual Conference on June 30, 2026. The event highlights Caribou's ...

Market News
Bullish
36 minutes ago
Elicio Therapeutics joins Russell 2000 and 3000 indexes, boosting visibility for its cancer immunotherapy progress.

Elicio Therapeutics joins Russell 2000 and 3000 indexes, boosting visibility for its cancer immunotherapy progress.

Elicio Therapeutics, a biotech company developing immunotherapies for KRAS-driven cancers, was added to the Russell 2000 and Russell 3000 indexes as of June 26, 2026. This inclusion marks a milestone reflecting growing recognition of Elicio's advance...

Market News
Bullish
36 minutes ago
Kaltura named Representative Vendor in 2026 Gartner Market Guide for Video Platform Services

Kaltura named Representative Vendor in 2026 Gartner Market Guide for Video Platform Services

Kaltura has been recognized as a Representative Vendor in the 2026 Gartner Market Guide for Video Platform Services for the second consecutive year. The company offers AI-driven video platform services that transform video into interactive, intellige...

Market News
Bullish
36 minutes ago
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