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Everette Montalvan FkSQ
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#TrumpTariffs Donald Trump's approach to India, particularly regarding trade, has been characterized by a focus on "reciprocal tariffs" and reducing the US trade deficit. He has often labeled India a "tariff king," despite India's average tariffs being compliant with WTO rules. His administration has applied tariffs, including a 26% reciprocal duty on Indian exports like steel and auto parts. While some sectors like pharmaceuticals and semiconductors were initially spared, there's ongoing pressure. Trump has also publicly criticized Apple for manufacturing iPhones in India, threatening tariffs if production isn't moved to the US. These policies have created uncertainty but also spurred India to seek bilateral trade agreements and diversify its export markets, aiming to mitigate potential economic impacts. The trade relationship remains a key, albeit sometimes contentious, aspect of US-India ties. #India #IndiaCrypto $SOL $BNB
#TrumpTariffs Donald Trump's approach to India, particularly regarding trade, has been characterized by a focus on "reciprocal tariffs" and reducing the US trade deficit. He has often labeled India a "tariff king," despite India's average tariffs being compliant with WTO rules.
His administration has applied tariffs, including a 26% reciprocal duty on Indian exports like steel and auto parts. While some sectors like pharmaceuticals and semiconductors were initially spared, there's ongoing pressure. Trump has also publicly criticized Apple for manufacturing iPhones in India, threatening tariffs if production isn't moved to the US.
These policies have created uncertainty but also spurred India to seek bilateral trade agreements and diversify its export markets, aiming to mitigate potential economic impacts. The trade relationship remains a key, albeit sometimes contentious, aspect of US-India ties.
#India #IndiaCrypto $SOL $BNB
Kingkongthaw
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Indian govt: Either outlaw crypto totally or regulate it
Indian government's reluctance and sluggishness to regulate cryptocurrency will have great telling on Indian economy. Cryptocurrency is indispensable in a foreseeable future of a decade or so. Even if he government is so skeptical on DeFi or self-custodian banking, it should embrace it's citizens' desire and pursuit. Blockchain inherent trait is traceability. More than 10% of fraudulent transactions and ML ( money laundering)are in reality ,happening on traditional banking or finance whereas only about 1% the world is witnessing ML in crypto world.
Sometimes it seems the Indian government is exercising it's superciliousness or highhandedness just because it's in power. The government should rather exhort and incentivize true-blue and willing citizens who are voluntarily adhering to the regulatory systems incorporated by the government. India is much acclaimed as the fourth largest economy in the world. But the strictures and ambiguity on the crypto roadmap have really dampened the image of the current regime. Either outlaw crypto totally or regulate it.

#LearnAndDiscuss
Midday News Update #Web3 📉 Ethereum network engagement dips post-Pectra Despite the major Pectra upgrade, Ethereum has not seen a rise in user participation 🏛️ Kraken expands EU footprint with MiFID license Kraken acquires a Cyprus-licensed firm to obtain a MiFID license 💵 DeFi Technologies & Fire Labs to launch U.S. bank-issued stablecoin Nasdaq-listed DeFi Technologies partners with Fire Labs to issue a compliant stablecoin, backed by 105% over-collateralization 🔗 Microsoft brings blockchain data to Fabric via Space and Time. 🇮🇳 India’s Supreme Court pushes for crypto regulation India’s top court criticizes the government for regulatory delays, saying a blanket crypto ban is unrealistic, and urges swift legislative action. #IndiaCrypto #SupremeCourtVictory
Midday News Update #Web3

📉 Ethereum network engagement dips post-Pectra
Despite the major Pectra upgrade, Ethereum has not seen a rise in user participation

🏛️ Kraken expands EU footprint with MiFID license
Kraken acquires a Cyprus-licensed firm to obtain a MiFID license

💵 DeFi Technologies & Fire Labs to launch U.S. bank-issued stablecoin Nasdaq-listed DeFi Technologies partners with Fire Labs to issue a compliant stablecoin, backed by 105% over-collateralization

🔗 Microsoft brings blockchain data to Fabric via Space and Time.

🇮🇳 India’s Supreme Court pushes for crypto regulation
India’s top court criticizes the government for regulatory delays, saying a blanket crypto ban is unrealistic, and urges swift legislative action.

#IndiaCrypto #SupremeCourtVictory
India’s Supreme Court Slams Government Over Lack of Crypto RegulationIndia’s Supreme Court has sharply criticized the central government for its continued inaction on regulating cryptocurrencies, warning that the legal vacuum is fostering abuse and undermining investor protection. Justices Surya Kant and N. Kotiswar Singh noted that the government is already taxing cryptocurrency profits, effectively acknowledging their existence — yet still failing to introduce any regulatory framework. “Banning crypto is not a solution — regulation is urgently needed,” the bench stated. ⚖️ The Court Asks: If You're Taxing Bitcoin, Why Aren’t You Regulating It? The comments came during a hearing tied to the infamous BitConnect crypto scam, in which one of the victims allegedly kidnapped two project employees in an effort to reclaim lost funds. The court made it clear that the old excuse — "we can’t regulate crypto because it’s international" — no longer holds water. It urged the government to stop ignoring crypto’s growing role in the global economy and take action to oversee and supervise its use. 📉 Indian Investors Left Without Protection The timing of the court’s criticism is notable, as other major economies are progressing with clear frameworks: 🔹 The European Union is actively implementing its MiCA regulations 🔹 The U.S. Senate recently advanced legislation focused on stablecoins Meanwhile, Indian investors continue to face uncertainty. A prime example is the July 2024 WazirX hack, where $233 million in crypto was allegedly stolen. A consumer lawsuit was dismissed by the national consumer commission — not due to lack of evidence, but because cryptocurrencies are not legally recognized as investment assets in India. 🕵️‍♂️ BitConnect Case Still Open The long-running 2018 BitConnect fraud case remains unresolved. Victim-turned-perpetrator Shailesh Bhatt is accused of kidnapping two employees and extorting: 🔹 2,091 BTC 🔹 11,000 LTC 🔹 ₹14.5 million in cash During the recent hearing, the court asked the Additional Solicitor General for an update on the investigation. The next session is set for May 30, and the CBI has been instructed to complete its work before then. 📈 Bitcoin Surges While India Lags Behind As India’s courts handle legacy crypto cases, the global market pushes forward. Bitcoin is now trading above $105,000, having reached an all-time high of $109,114 on January 20, 2025. The digital asset market overall continues to grow — on Tuesday morning, global crypto market cap rose by over 2%, reaching $3.33 trillion, with daily trading volumes hitting $126 billion. #IndiaCrypto , #Regulation , #cryptocurrencies , #CryptoNewss , #DigitalAssets Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

India’s Supreme Court Slams Government Over Lack of Crypto Regulation

India’s Supreme Court has sharply criticized the central government for its continued inaction on regulating cryptocurrencies, warning that the legal vacuum is fostering abuse and undermining investor protection.
Justices Surya Kant and N. Kotiswar Singh noted that the government is already taxing cryptocurrency profits, effectively acknowledging their existence — yet still failing to introduce any regulatory framework. “Banning crypto is not a solution — regulation is urgently needed,” the bench stated.

⚖️ The Court Asks: If You're Taxing Bitcoin, Why Aren’t You Regulating It?
The comments came during a hearing tied to the infamous BitConnect crypto scam, in which one of the victims allegedly kidnapped two project employees in an effort to reclaim lost funds.
The court made it clear that the old excuse — "we can’t regulate crypto because it’s international" — no longer holds water. It urged the government to stop ignoring crypto’s growing role in the global economy and take action to oversee and supervise its use.

📉 Indian Investors Left Without Protection
The timing of the court’s criticism is notable, as other major economies are progressing with clear frameworks:
🔹 The European Union is actively implementing its MiCA regulations

🔹 The U.S. Senate recently advanced legislation focused on stablecoins
Meanwhile, Indian investors continue to face uncertainty. A prime example is the July 2024 WazirX hack, where $233 million in crypto was allegedly stolen. A consumer lawsuit was dismissed by the national consumer commission — not due to lack of evidence, but because cryptocurrencies are not legally recognized as investment assets in India.

🕵️‍♂️ BitConnect Case Still Open
The long-running 2018 BitConnect fraud case remains unresolved. Victim-turned-perpetrator Shailesh Bhatt is accused of kidnapping two employees and extorting:
🔹 2,091 BTC

🔹 11,000 LTC

🔹 ₹14.5 million in cash
During the recent hearing, the court asked the Additional Solicitor General for an update on the investigation. The next session is set for May 30, and the CBI has been instructed to complete its work before then.

📈 Bitcoin Surges While India Lags Behind
As India’s courts handle legacy crypto cases, the global market pushes forward. Bitcoin is now trading above $105,000, having reached an all-time high of $109,114 on January 20, 2025.
The digital asset market overall continues to grow — on Tuesday morning, global crypto market cap rose by over 2%, reaching $3.33 trillion, with daily trading volumes hitting $126 billion.

#IndiaCrypto , #Regulation , #cryptocurrencies , #CryptoNewss , #DigitalAssets

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
India-Pakistan Conflict Update ⚔️🌍 Tensions Rising, Eyes on Diplomacy & Defense The geopolitical heat between India and Pakistan is flaring once again, and the world is watching closely. Here's the latest breakdown of the situation: Recent Developments: 🇮🇳 Operation Sindoor: India launched a bold counter-strike after a terror attack in Pahalgam. PM Modi’s visit to Adampur airbase signals full military readiness and morale boost for the IAF. ✈️💥 🛡️ S-400 Success: India’s Sudarshan Chakra (S-400 air defense) is proving to be a game-changer, successfully intercepting Pakistani drones and missiles. A high-tech shield now guards the skies! 🛰️🔥 ✋ Ceasefire Holding? Though tensions are at a peak, there are reports of a ceasefire extended till May 18 — a fragile hope for peace. Diplomatic Developments: 🌐 Global Community Calls for Calm: Peace advocates and international leaders are urging restraint, reminding all of the nuclear stakes in this standoff. 🇺🇸 US Response: Though silent officially, Trump’s past remarks have resurfaced in the global conversation, reigniting attention on the subcontinent. Military Readiness: 🚁 Indian Air Force on High Alert: Major strikes on Pakistani targets have been reported. Adampur base — home to MiG-29s and the S-400 — is a central pillar of India’s response. 🧱 Pakistani Infiltration Foiled: Indian forces continue to repel infiltration attempts, echoing the 2019 defensive action that neutralized five militants in a deadly skirmish. Strategic Analysis: While full-scale war is feared, analysts suggest it's improbable due to Pakistan’s economic instability and China’s strategic interests. Still, the situation remains tense and unpredictable. Bitcoin’s Role in Global Anxiety: Amid this regional crisis, $BTC surges to 109K — up +3.55% — as investors flock to digital gold in uncertain times. 📈💰 In times of war, trust moves from borders to blockchain.$BTC $TRUMP #BTC #Pakistan #IndiaCrypto #BinanceAlphaAlert #DinnerWithTrump
India-Pakistan Conflict Update ⚔️🌍
Tensions Rising, Eyes on Diplomacy & Defense

The geopolitical heat between India and Pakistan is flaring once again, and the world is watching closely. Here's the latest breakdown of the situation:

Recent Developments:
🇮🇳 Operation Sindoor: India launched a bold counter-strike after a terror attack in Pahalgam. PM Modi’s visit to Adampur airbase signals full military readiness and morale boost for the IAF. ✈️💥

🛡️ S-400 Success: India’s Sudarshan Chakra (S-400 air defense) is proving to be a game-changer, successfully intercepting Pakistani drones and missiles. A high-tech shield now guards the skies! 🛰️🔥

✋ Ceasefire Holding? Though tensions are at a peak, there are reports of a ceasefire extended till May 18 — a fragile hope for peace.

Diplomatic Developments:
🌐 Global Community Calls for Calm: Peace advocates and international leaders are urging restraint, reminding all of the nuclear stakes in this standoff.

🇺🇸 US Response: Though silent officially, Trump’s past remarks have resurfaced in the global conversation, reigniting attention on the subcontinent.

Military Readiness:
🚁 Indian Air Force on High Alert: Major strikes on Pakistani targets have been reported. Adampur base — home to MiG-29s and the S-400 — is a central pillar of India’s response.

🧱 Pakistani Infiltration Foiled: Indian forces continue to repel infiltration attempts, echoing the 2019 defensive action that neutralized five militants in a deadly skirmish.

Strategic Analysis:
While full-scale war is feared, analysts suggest it's improbable due to Pakistan’s economic instability and China’s strategic interests. Still, the situation remains tense and unpredictable.

Bitcoin’s Role in Global Anxiety:
Amid this regional crisis, $BTC surges to 109K — up +3.55% — as investors flock to digital gold in uncertain times. 📈💰
In times of war, trust moves from borders to blockchain.$BTC $TRUMP
#BTC #Pakistan #IndiaCrypto #BinanceAlphaAlert #DinnerWithTrump
🇮🇳 INDIA'S SUPREME COURT SAYS BITCOIN AND CRYPTO SHOULD BE REGULATED, NOT BANNED. MASSIVE WIN FOR CRYPTO! 🔥 #IndiaCrypto $BTC $ETH $XRP
🇮🇳 INDIA'S SUPREME COURT SAYS BITCOIN AND CRYPTO SHOULD BE REGULATED, NOT BANNED.

MASSIVE WIN FOR CRYPTO! 🔥

#IndiaCrypto

$BTC $ETH $XRP
🇮🇳 INDIA'S SUPREME COURT SAYS BITCOIN AND CRYPTO SHOULD BE REGULATED, NOT BANNED. MASSIVE WIN FOR CRYPTO! 🔥 #IndiaCrypto #Binance
🇮🇳 INDIA'S SUPREME COURT SAYS BITCOIN AND CRYPTO SHOULD BE REGULATED, NOT BANNED.

MASSIVE WIN FOR CRYPTO! 🔥
#IndiaCrypto #Binance
BREAKING: 🇮🇳 INDIA'S SUPREME COURT RULES THAT BITCOIN & CRYPTO SHOULD BE REGULATED—NOT BANNED. This is a huge victory for the crypto community! Massive momentum for adoption in one of the world’s largest markets! $BTC #India #IndiaCrypto
BREAKING:

🇮🇳 INDIA'S SUPREME COURT RULES THAT BITCOIN & CRYPTO SHOULD BE REGULATED—NOT BANNED.

This is a huge victory for the crypto community!
Massive momentum for adoption in one of the world’s largest markets!
$BTC
#India
#IndiaCrypto
🚨 BIG BREAKING from 🇮🇳 #India 's Supreme Court 🚨 “Regulate Crypto – Don’t Ban It!” Yes, you read that right! On May 19, 2025, the Supreme Court of India made a MAJOR statement 👇 “If you’re taxing Bitcoin at 30%, that means it’s LEGAL. So why no regulation?” #IndiaCrypto #MerlinTradingCompetition #CourtOrder
🚨 BIG BREAKING from 🇮🇳 #India 's Supreme Court 🚨

“Regulate Crypto – Don’t Ban It!”
Yes, you read that right! On May 19, 2025, the Supreme Court of India made a MAJOR statement 👇

“If you’re taxing Bitcoin at 30%, that means it’s LEGAL. So why no regulation?”
#IndiaCrypto #MerlinTradingCompetition #CourtOrder
In India, the legal status of cryptocurrency is best described as unregulated but not illegal. It's a bit of a "grey zone." Here's a breakdown: * Not Legal Tender: Cryptocurrencies like Bitcoin and Ethereum are not recognized as legal tender in India. This means you cannot use them for everyday transactions as a replacement for the Indian Rupee. * Not Banned: Crucially, there is no outright ban on buying, selling, or trading cryptocurrencies. The Supreme Court of India in 2020 overturned a previous ban by the Reserve Bank of India (RBI) that had restricted banks from facilitating crypto transactions. * Taxation: The Indian government has taken steps to tax cryptocurrency transactions. * There's a 30% flat tax on profits from cryptocurrency transactions. * A 1% Tax Deducted at Source (TDS) applies to crypto sales exceeding ₹50,000 per financial year. * These taxation measures, while not a formal legal recognition as currency, imply that the government acknowledges their existence and treats them as "Virtual Digital Assets" (VDAs) for tax purposes. * Regulatory Uncertainty: The government has been working on a comprehensive bill to regulate cryptocurrencies since 2021, but it has yet to be passed. This lack of a clear, dedicated legal framework is what creates the "grey zone." * Supreme Court's Stance: The Supreme Court has repeatedly expressed concern over the lack of regulation and has urged the government to formulate a clear policy. While noting that an outright ban would be unwise given evolving global financial mechanisms, the court has emphasized the need for regulation to prevent misuse and address concerns like money laundering. In essence, you can legally buy, sell, and invest in cryptocurrencies in India, but you must comply with the existing tax laws. The absence of a clear regulatory framework continues to be a point of discussion and development. #IndiaCrypto
In India, the legal status of cryptocurrency is best described as unregulated but not illegal. It's a bit of a "grey zone."

Here's a breakdown:

* Not Legal Tender: Cryptocurrencies like Bitcoin and Ethereum are not recognized as legal tender in India. This means you cannot use them for everyday transactions as a replacement for the Indian Rupee.

* Not Banned: Crucially, there is no outright ban on buying, selling, or trading cryptocurrencies. The Supreme Court of India in 2020 overturned a previous ban by the Reserve Bank of India (RBI) that had restricted banks from facilitating crypto transactions.

* Taxation: The Indian government has taken steps to tax cryptocurrency transactions.

* There's a 30% flat tax on profits from cryptocurrency transactions.

* A 1% Tax Deducted at Source (TDS) applies to crypto sales exceeding ₹50,000 per financial year.
* These taxation measures, while not a formal legal recognition as currency, imply that the government acknowledges their existence and treats them as "Virtual Digital Assets" (VDAs) for tax purposes.

* Regulatory Uncertainty: The government has been working on a comprehensive bill to regulate cryptocurrencies since 2021, but it has yet to be passed. This lack of a clear, dedicated legal framework is what creates the "grey zone."

* Supreme Court's Stance: The Supreme Court has repeatedly expressed concern over the lack of regulation and has urged the government to formulate a clear policy. While noting that an outright ban would be unwise given evolving global financial mechanisms, the court has emphasized the need for regulation to prevent misuse and address concerns like money laundering.

In essence, you can legally buy, sell, and invest in cryptocurrencies in India, but you must comply with the existing tax laws. The absence of a clear regulatory framework continues to be a point of discussion and development.
#IndiaCrypto
🇮🇳 Supreme Court Questions Govt’s Crypto Moves! ⚖️💰Big news in the world of #CryptoInIndia! 🚨 The Supreme Court of India has raised serious questions about the government’s stand on cryptocurrency regulation. ⚖️📜 In a recent hearing, the apex court asked the Centre why there’s still no clear legal framework on cryptocurrencies like Bitcoin, Ethereum, or even India’s own Digital Rupee (CBDC). 🪙🤷 Despite the crypto boom 📈 and millions of Indians investing in digital assets, there's no specific law—just taxation rules and RBI’s cautious warnings. 🏦🚫 While the government introduced a 30% tax on crypto profits and 1% TDS, it hasn’t clarified if crypto is legal, illegal, or somewhere in between. ❓⚠️ The court questioned the “regulatory vacuum”, urging the Centre to clarify its stance. ⚖️🧐 🔹 Is crypto an asset, currency, or commodity? 🔹 What rights do investors have? 🔹 Who protects users from fraud or scams? These are the burning questions investors and legal experts have been asking for years! 🔥 Meanwhile, countries like Japan, UAE, and the UK have already drafted clear and balanced crypto laws. 🌍💼 India, being home to the second-largest crypto user base, needs to step up before it’s too late. ⏳🇮🇳 The crypto community is watching this case closely! 👀 This moment could shape the future of blockchain innovation, fintech startups, and digital payments in India. 🚀💡 Will India embrace the future or stay stuck in confusion? 🧩 The ball is now in the government’s court. Let’s hope for a pro-innovation, investor-friendly outcome! 🤞📲 #CryptoInsights🚀💰📉 #IndiaCrypto $BTC

🇮🇳 Supreme Court Questions Govt’s Crypto Moves! ⚖️💰

Big news in the world of #CryptoInIndia! 🚨 The Supreme Court of India has raised serious questions about the government’s stand on cryptocurrency regulation. ⚖️📜
In a recent hearing, the apex court asked the Centre why there’s still no clear legal framework on cryptocurrencies like Bitcoin, Ethereum, or even India’s own Digital Rupee (CBDC). 🪙🤷
Despite the crypto boom 📈 and millions of Indians investing in digital assets, there's no specific law—just taxation rules and RBI’s cautious warnings. 🏦🚫 While the government introduced a 30% tax on crypto profits and 1% TDS, it hasn’t clarified if crypto is legal, illegal, or somewhere in between. ❓⚠️
The court questioned the “regulatory vacuum”, urging the Centre to clarify its stance. ⚖️🧐
🔹 Is crypto an asset, currency, or commodity?
🔹 What rights do investors have?
🔹 Who protects users from fraud or scams?
These are the burning questions investors and legal experts have been asking for years! 🔥
Meanwhile, countries like Japan, UAE, and the UK have already drafted clear and balanced crypto laws. 🌍💼 India, being home to the second-largest crypto user base, needs to step up before it’s too late. ⏳🇮🇳
The crypto community is watching this case closely! 👀 This moment could shape the future of blockchain innovation, fintech startups, and digital payments in India. 🚀💡
Will India embrace the future or stay stuck in confusion? 🧩 The ball is now in the government’s court. Let’s hope for a pro-innovation, investor-friendly outcome! 🤞📲

#CryptoInsights🚀💰📉 #IndiaCrypto $BTC
Breaking: 🚨 India's supreme court says bitcoin and crypto should be regulated, not banned. Massive win for crypto. #IndiaCrypto #bitcoin
Breaking: 🚨

India's supreme court says bitcoin and crypto should be regulated, not banned.

Massive win for crypto.

#IndiaCrypto #bitcoin
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Bullish
🇮🇳 Supreme Court to Centre: Why no crypto regulations yet? During a bail hearing in a multi-state cryptocurrency fraud case, the Supreme Court pulled up the central government for not taking action on regulating crypto. It remarked that unchecked Bitcoin trading is merely a “refined version of Hawala.” The court also reminded the government that it had sought clarity on crypto policy over two years ago. A blanket ban isn’t the answer — but clear regulations are now essential. #IndiaCrypto #INDIANMARKET $BTC $XRP $BNB
🇮🇳 Supreme Court to Centre: Why no crypto regulations yet?

During a bail hearing in a multi-state cryptocurrency fraud case,
the Supreme Court pulled up the central government for not taking action on regulating crypto.

It remarked that unchecked Bitcoin trading is merely a “refined version of Hawala.”

The court also reminded the government that it had sought clarity on crypto policy over two years ago.

A blanket ban isn’t the answer — but clear regulations are now essential.
#IndiaCrypto #INDIANMARKET
$BTC $XRP $BNB
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India’s Crypto Clampdown Hits J&K! ⚠️ India’s Supreme Court calls $BTC a “Hawala system,” pushing for urgent crypto laws. The FIU orders Binance & exchanges to monitor J&K transactions by June 30 to curb money laundering. #IndiaCrypto #BinanceSquare Sources: financialexpress.com, thehindu.com, indiatoday.in, X posts
India’s Crypto Clampdown Hits J&K! ⚠️
India’s Supreme Court calls $BTC a “Hawala system,” pushing for urgent crypto laws. The FIU orders Binance & exchanges to monitor J&K transactions by June 30 to curb money laundering. #IndiaCrypto #BinanceSquare
Sources: financialexpress.com, thehindu.com, indiatoday.in, X posts
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