Like all cryptocurrencies, stablecoins can be used for illicit activities such as money laundering, sanctions evasion, and fraud. Strengthening compliance measures is crucial.
US is seeing a shift in govt’s approach to digital assets, while India’s draft Income Tax Bill introduces strict reporting requirements for crypto transactions, indicating a watchful outlook.
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Despite multiple agencies being involved, the US could maintain a clear chain of command. This is something India should consider too, as it defines the theatre command structures.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
Venezuela also boasts of a diverse portfolio of unmanned aerial vehicles capable of carrying out surveillance, reconnaissance and being employed for kinetic purposes as well.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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