Latest news with #ChrisJenkins
Mint
2 days ago
- Sport
- Mint
India's 2030 Commonwealth Games bid: IOA gives approval; Ahmedabad, Bhubaneswar in race to be hosts
India's bid for the 2030 Commonwealth Games (CWG) got the much-needed boost after the Indian Olympic Association (IOA) gave its approval on Wednesday during its Special General Meeting (SGM). If approved by the International Olympic Committee (IOC), the CWG 2030 will be a special addition to India sports as it will mark 20 years to the last Commonwealth Games which was hosted by New Delhi in 2010. Among the venues discussed are Ahmedabad and Bhubaneswar, who are in the race to host the proposed event in five years' time. India have time till August 31 to submit their proposal for the final bid officially. The 2010 CWG was the only time India hosted a big-scale muti-sports event. According to a The Indian Express report, Commonwealth Games Federation (CGF) officials like president Chris Jenkins and chief executive Katie Sadlier were in India earlier this year and visited cities like in Gandhinagar in Ahmedabad, Bhubaneswar in Odisha and New Delhi. They met with several government officials in the above-mentioned states and central government ministers and senior bureaucrats and also had a tour of the venues in Ahmedabad and Bhubaneswar. The final decision on the host city will be made in the last week of November in Glasgow, during the General Assembly of Commonwealth Sport. Led by Director of Games Darren Hall, a team of officials from Commonwealth Sport recently visited Ahmedabad to inspect the venues and meet Gujarat government officials. Earlier, senior delegation led by Harsh Sanghavi, Minister of Sports, Government of Gujarat, met officials from Commonwealth Sport as part of efforts to understand the bid framework for the 2030 Games. The delegation included representatives from the Commonwealth Games Association India and the Ministry of Youth Affairs and Sports. The meeting aimed to gather insights on planning expectations, governance standards and milestones for the bid. It reflected India's intent to align with global best practices while working closely with stakeholders during the process. Both sides discussed key elements usually included in a Games bid, such as the vision and legacy plans, governance and institutional support, sustainability, transport strategy, sports programme, accessibility, infrastructure planning, athlete services and Games-time operations.
Indian Express
2 days ago
- Politics
- Indian Express
IOA green lights India's plan to bid for 2030 Commonwealth Games, Ahmedabad proposed as host city
The Indian Olympic Association (IOA) on Wednesday held a Special General Meeting (SGM) in the nation's capital where the governing body of the Olympic sports in India formally approved the country's plans to host the Commonwealth Games in 2030. IOA is learnt to have given the go-ahead for Ahmedabad to be named as the proposed host city for the event in five years' time. India will now have to submit their proposal for the final bid before the August 31 deadline. The 2030 edition of the Commonwealth Games will be significant for India because it will mark the 20 years to New Delhi CWG, which was the first and only time so far that India has hosted the multi-disciplinary games. The 2010 Commonwealth Games were mired in corruption scandals. As The Indian Express had reported earlier this year, India had opened an 'informal' dialogue with the Commonwealth Games Federation (CGF) to host the centenary edition of the Games in 2030. India are also eyeing the 2036 Olympic Games. Commonwealth Games Federation (CGF) officials like president Chris Jenkins and chief executive Katie Sadlier have already flown down to India earlier this year, visiting multiple cities like in Gandhinagar, Bhubaneswar and New Delhi to meet with state and central government ministers and senior bureaucrats. They had also toured potential venues in Ahmedabad and Bhubaneswar, which was in the mix to host the Games back then. A team of officials from Commonwealth Sport, led by its Director of Games Darren Hall, had also recently made a visit to Ahmedabad to inspect the venues and meet Gujarat government officials. A decision on the host city for the 2030 Games will be made during the General Assembly of Commonwealth Sport in the last week of November in Glasgow. Ahmedabad is also in line to host other big-ticket events. The state of Gujarat reportedly has plans to host a slew of international multidisciplinary events and major continental, Commonwealth and world-level tournaments to gain hosting experience. Besides the Commonwealth Games, this wishlist also includes the 2027 women's volleyball world championship, the 2028 Asian swimming championship and 2028 World U20 Athletics Championships, the Commonwealth Weightlifting Championship, the South Asian Games, World Beach Games and World Military Games, among others.
Yahoo
18-07-2025
- Business
- Yahoo
Crypto for Advisors: Crypto Week: What Does it Mean for Advisors?
Happy Crypto Week! In today's Crypto for Advisors newsletter, Beth Haddock of Warburton Advisers provides a mid-year check-in on the advancements in the crypto industry and what this means for advisors. Then, Chris Jenkins of Pocket Networks Foundation answers questions about regulatory changes for investors in Ask an Expert. – Unknown block type "divider", specify a component for it in the ` option Crypto Week: What Does it Mean for Advisors? Now well into the second half of 2025, crypto's trajectory is clear: it's evolving from excitement into core financial infrastructure. Stablecoins are gaining legitimacy, regulators are actively engaging with the industry, and persistent cybersecurity threats persist. These shifts require advisors to reassess strategies, educate clients, and prepare for a more structured and scrutinized market. Crypto Week captured the momentum and underscored a key message: financial professionals must understand the role of crypto in the broader system and decide how to engage responsibly. Three developments stand out. 1. Stablecoins: From Fringe to Financial Infrastructure Stablecoins are moving firmly into the financial mainstream. This week's anticipated vote on the proposed GENIUS Act, coupled with prior statements from the SEC, Federal Reserve, and FDIC, signals a turning point. The Act outlines a regulatory regime governing reserves, redemption rights, and public disclosures, bringing long-awaited clarity to compliant issuance. Institutional adoption is accelerating. Major banks are developing stablecoin or tokenized alternatives. Corporate treasurers are piloting stablecoins for payments and working capital management. Cross-border payments — historically a pain point — with stablecoins can be faster, cheaper, and more transparent. For advisors, this represents a fundamental shift in financial infrastructure. Exposure to regulated stablecoins could soon be as routine as managing money market allocations. As infrastructure shifts, liquidity strategies and treasury operations will evolve. Stablecoins are no longer fringe — they're becoming foundational. 2. A New Era of SEC Engagement & Institutional Scaling After years of friction, the SEC has taken a more proactive — but still cautious — approach. Through public roundtables, the agency is engaging stakeholders to better understand digital assets, staking, custody, and DeFi. These are not enforcement forums; they are opportunities to shape policy. Commissioners Peirce and Uyeda have emphasized the importance of collaboration and regulatory clarity. Under its Crypto 2.0 initiative, the SEC's Crypto Taskforce has published guidance on decentralized protocols, exchange-traded products, and custody standards. However, this shift doesn't mean due diligence is easier — it means it matters more. The SEC continues to examine how registrants are managing risk, controls, and disclosures. Growth from players like Robinhood and JPMorgan signals institutional scale, but not necessarily fiduciary alignment. Advisors must anchor diligence in the core duties of loyalty and care. This includes verifying the distinction between tokenized wrappers and underlying assets, understanding conflicts of interest, and assessing whether operations align with regulatory expectations. What appears compliant today could be scrutinized under future SEC leadership or litigation. 3. Security and Responsible Innovation As regulatory frameworks mature with efforts like the GENIUS Act and anticipated market structure reforms, misconduct persists. From AI-generated scams to pump-and-dump schemes, familiar fraud risks have evolved, often targeting less sophisticated investors or exploiting cybersecurity gaps. The SEC and CFTC continue to issue investor alerts, focusing not only on product design but also on marketing practices, cybersecurity, and fraud controls. The bar is rising—and firms that fail to meet it risk reputational damage and enforcement action. This creates a leadership opportunity. Advisors can protect clients by minimizing conflicts, applying rigorous due diligence, and steering capital toward products with real utility, transparent governance, and robust security protocols. This includes evaluating how incentives are structured and whether operational resilience is built into platforms. In today's environment, overlooking cybersecurity, governance, or fraud red flags isn't just careless — it may be seen as enabling misconduct. From Innovation to Trust The second half of 2025 marks a shift from momentum to maturity for the crypto industry. With regulatory clarity improving and institutional adoption rising, the groundwork is being laid for a more resilient and trustworthy financial system. Advisors who stay informed, ask hard questions, and embed client-first principles into their digital asset strategies will lead the transition toward responsible innovation. This isn't just about early adoption — it's about building lasting trust in the next generation of finance. - Unknown block type "divider", specify a component for it in the ` option Ask an Expert Q. Beyond the disbanding of the National Cryptocurrency Enforcement Unit, what changes in enforcement priorities are affecting investors? A. The stablecoin reserve requirements make sure that issuers actually have the assets needed to back the stablecoins being held, and giving stablecoin holders priority recovery in the case of insolvency adds a significant layer of confidence. Q. How should advisors around the world look at US regulatory changes and the effect on their businesses and clients' money? A. There is finally some much-needed clarity emerging around how to approach digital assets for investment. No one wants to operate in a high-risk environment where there is the chance of sudden, unexplained losses. Degens may accept the risk of rug pulling, but institutional investors will not. This opens up digital asset investing to the mainstream. Q. Are there any categories of tokens that benefit more than others with the current administration A. Tokens which fit easily into institutional financial frameworks, and their underlying utility tokens, will benefit strongly from the continuing emergence of institutional adoption. Q. Are the regulatory changes around digital assets helping to guarantee investor safety? A. Frameworks are being established that are similar in nature to the protections offered to consumers in traditional banking, thereby helping to increase investor safety across the board. Privacy tokens may continue to face regulatory headwinds as enforcement agencies seek transparent reporting and accounting features to ensure compliance. - Unknown block type "divider", specify a component for it in the ` option Keep Reading Bitcoin reached a new all-time high of just over $123,000 this week. Ripple applies for Charter Bank License in U.S. U.S. federal agencies provided further clarifications for banks to offer crypto services and custody. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
&w=3840&q=100)
Business Standard
08-05-2025
- Business
- Business Standard
Sonos launches Arc Ultra, Sub 4 in India, pro-grade speakers tag along
Besides consumer-centric Arc Ultra soundbar, Sub 4 subwoofer, Sonos launched its first Era 100 Pro speakers for professional installations New Sonos products New Delhi US-based audio brand Sonos has launched three new audio products in India: the Arc Ultra soundbar, Sub 4 subwoofer, and Era 100 Pro speaker. Headlining the launch is the new Sonos Arc Ultra, which debuts the company's proprietary Sound Motion technology—designed to reduce the size of the transducer while significantly boosting bass output. The Era 100 Pro, meanwhile, is Sonos' first product built specifically for professional installations in both light-commercial and residential spaces. New Sonos audio products: Price and availability Arc Ulta soundbar: Rs 99,999 Sub 4 subwoofer: Rs 84,999 Both models are now available in India. The Era 100 Pro will be sold in pairs through select Sonos partners that specialise in professional installations. Sonos Arc Ultra: Details The Arc Ultra is built using the new Sound Motion technology and is said to deliver up to twice the bass of its predecessor. It supports 9.1.4 spatial audio, Dolby Atmos, and an upgraded Speech Enhancement feature. Sonos claims that Arc Ultra creates a wide soundstage that precisely places audio elements in the room. It features a new internal architecture with 14 custom Sonos drivers, including a Sound Motion woofer and tweeter clusters with waveguides on both ends. These upgrades are designed to enhance vocal clarity and allow users to adjust dialogue levels via the Sonos app. The company also collaborated with veteran sound designers and producers, including Chris Jenkins and Onnalee Blank, to fine-tune Arc Ultra for Dolby Atmos playback and deliver a studio-grade experience. Sonos Sub 4: Details The Sub 4 includes dual custom woofers that produce deep and dynamic low frequencies. The woofers are inward-facing to create a force-cancelling effect, which helps eliminate distortion. Sonos says Sub 4 also brings enhanced processing power, increased memory, and upgraded Wi-Fi radios for improved connectivity. While it retains the design language of its predecessor, it now comes in an updated matte Black and White finish. Sonos Era 10: Details The Era 100 Pro is designed as an end-to-end solution for professional installations. It supports Power over Ethernet (PoE and PoE+), allowing it to draw both power and data from a single cable, removing the need for AC power connections. Sonos says the Era 100 Pro offers enhanced reliability, high-speed performance, and easy integration with existing network infrastructures using wired-first networking. It also supports Zone customisation, which allows integrators to group and manage multiple speakers as a unified system for larger-scale set-ups.
BBC News
14-04-2025
- Sport
- BBC News
Jenkins resigns as Commonwealth Sport president
Welshman Chris Jenkins has resigned as president of Commonwealth took the role in November 2023 after Australian state Victoria had pulled out of hosting the 2026 Games and Canadian province Alberta had withdrawn its interest for 2024 Glasgow assumed responsibility for the 2026 that year, Jenkins set out the concept of Games being shared between multiple host cities or said he was "particularly proud" of having the opportunity to help development in sport "and especially Para inclusion".He also all his "Commonwealth Games Association colleagues and friends for their support".Commonwealth Sport chief executive Katie Sadleir confirmed Ugandan lawyer and sports administrator Dr Donald Rukare as interim Commonwealth Sport president with a new permanent role holder to be elected at its next general assembly in November said: "We have come through a particularly challenging period in our Games history, and we are now building momentum towards an outstanding Commonwealth Games in Glasgow in 2026."
