Firms have seen losses because of tax imposed in 2022 on crypto assets & uncertainty amid unfriendly regulations. They are, however, hoping for a policy shift in upcoming Budget.
Digital currency could become China’s way of safeguarding itself from sanctions.
However, this would be possible only if there is widespread use of e-CNY, writes Haresh
Desai.
The pilot will be launched in two phases, with State Bank of India, ICICI Bank, Yes Bank and IDC First Bank participating in the first phase across four cities in the country.
Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.
The launch of RoboApe could be a turning point for the entire crypto community as the new coin is teaching both newcomers as well as specialists the basics of crypto.
META 1 Coin continues to see growing adoption. By spreading its backing over a variety of appreciated assets, the token is better suited to handle volatility.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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