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Arletha Loos y4xX
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Arletha Loos y4xX
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The US proposes a 5% tax on foreign remittances, impacting millions of immigrant workers, including Non-Resident Indians (NRIs). The tax aims to generate revenue for extending tax cuts and funding border security. If passed, it would apply to international money transfers made by non-citizens, including green card holders and visa workers. India, receiving over $83 billion in remittances annually, would be significantly affected. The tax could reduce the value of every dollar sent, impacting family support and long-term financial planning. Key details: - *Tax Rate*: 5% on international money transfers - *Affected Groups*: Green card holders, temporary visa holders, NRIs - *Revenue Purpose*: Funding tax cuts and border security - *Implementation Timeline*: Potentially by July 2025.#BinanceTGEAlayaAI $BTC
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🇦🇪 Abu Dhabi's Sovereign Wealth Fund discloses $408 million investment in BlackRock's spot Bitcoin ETF.#BinanceTGEAlayaAI #BinanceHODLerNXPC #CryptoRegulation #BinanceAlphaPoints #LaunchpadWars $BTC $XRP $BNB
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🇺🇸 Eric Trump says it's a "race to the top" to accumulate as much Bitcoin as possible.#CryptoRegulation $BTC
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Russia's central bank hasn't directly reported Bitcoin as the top-performing investment in 2025, but recent developments suggest a growing interest in cryptocurrencies. The country has enacted legislation legalizing cryptocurrency mining and permitting its use for international payments, likely aimed at mitigating Western sanctions pressure. *Key Points:* - *Legislation:* Russia's new laws allow businesses to engage in international trade using cryptocurrencies and authorize approved entities to mine digital assets. - *Central Bank Role:* The Central Bank of Russia (CBR) will regulate and monitor cryptocurrency transactions closely. - *Cryptocurrency Use:* Russia consistently ranks among the top countries in global crypto adoption, despite previous attempts to ban cryptocurrencies. - *Potential Impact:* This move may enhance Russia's ability to bypass the US-led financial system and engage in non-dollar denominated trade. Bitcoin's current price is $103,131.92, showing significant growth. Given Russia's evolving attitude towards cryptocurrency and its potential use for international payments, Bitcoin might be an attractive investment option. However, large-scale sanctions evasion through cryptocurrencies remains unlikely due to liquidity limits and regulatory scrutiny.
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JPMorgan says Bitcoin could outperform gold in the second half of 2025.#BinanceTGEAlayaAI #BinanceHODLerNXPC #CryptoRegulation #LaunchpadWars #LaunchpadWars $BTC
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