In another installment of the European Union’s discussions on the controversial Transfer of Funds Regulation (TFR), the European Parliament’s Committee for Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) have passed a controversial draft that could exert a negative impact on the industry.
EU Parliament Votes in Favour of Regulation That Could Impact Unhosted Crypto Wallets
‘Nothing Grows as Fast as Cryptocurrency’: Kyrgyzstan Deputy of Parliament Bats for Crypto
Karim Xanzheza, Deputy of the Parliament of Kyrgyzstan, has called for a sincere consideration of legalising cryptocurrency in the central Asian nation. The politician has urged financial authorities to consider research and development on a national digital currency as well.
EAM Jaishankar holds talks with visiting Russian Foreign Minister Sergey Lavrov
The high-level talks took place in the backdrop of indications that India could buy greater volumes of discounted Russian oil and both sides were keen on having a rouble-rupee arrangement for bilateral trade.
India sailed through Omicron wave because of vaccination: Mansukh Mandaviya
Replying to a supplementary question in the Lok Sabha, Mandaviya said the ICMR has from time to time guided the country and helped in vaccine-related research leading to India having its own indigenous vaccine.
Polygon Unveils Identity Service That Focusses on Keeping Personal Details of Users Private
Polygon is launching a new privacy-focused identity solution named Polygon ID that uses zero-knowledge proofs to create a digital identity that doesn’t need to divulge users’ personal information.
Crypto Exchange Binance Wins Dismissal of US Lawsuit Over Digital Token Sales
A case against crypto exchange Binance in the US over the sale of a few digital tokens that lost much of their value later has been dismissed.
India an important trade and strategic partner: US Trade Representative
US Trade Representative Katherine Tai, testifying before the Senate Finance Committee on Thursday during a hearing on the US Trade Policy Agenda, noted that there are sharp differences between the two countries on a number of issues.
Mumbai Metro rail-3 underground project may take at least two more years to complete: Official
Once completed, this first underground metro line of the city will provide connectivity to the city airport from south Mumbai and western suburbs, and reduce the burden on the suburban locals.
India’s Crypto Tax Comes Into Effect Today, Violators Stare at Jail Time Up to 7 Years
Crypto community in India has finally stepped into a tax regime today (April 1). A 30 percent tax will now be deducted from crypto profits, as per Finance Minister Nirmala Sitharaman’s instructions. Rule breakers could be subject to serious legal troubles. Members of India’s law fraternity believe these rules were much needed and are coming at the right time.
Bitcoin, Ether Value Tanks as EU Parliament Comes Down Hard on Non-Custodial Wallets
After a strong start to the week, Bitcoin and the broader cryptocurrency market are once again facing bearish pressure. The broader cryptocurrency market has corrected 5 percent losing more than $100 billion (roughly Rs. 7,58,815 crore) in investors’ wealth.