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#DigitalAssetBill Overview of Digital Asset Bills UK: Property (Digital Assets etc) Bill
The Property (Digital Assets etc) Bill in the UK clarifies that digital assets-such as crypto-tokens-can be recognized as property, even if they do not fit into traditional categories of personal property in English and Welsh law.
The bill introduces a "third category" of personal property for digital assets, allowing courts to determine the specifics on a case-by-case basis, rather than setting rigid definitions in legislation.
This approach aims to provide legal certainty and flexibility, supporting innovation and protecting individuals and businesses using digital assets.
India: Income Tax Bill 2025 and Digital Assets
The Income Tax Bill 2025 in India does not change the scope or definition of "virtual digital assets." It incorporates amendments proposed in the Finance Bill 2025, including the expanded definition of digital assets for tax and reporting purposes.
Virtual digital assets, including crypto-assets, remain subject to the same tax treatment as before, with the new bill clarifying and consolidating existing provisions.
US: FIT21 and Digital Asset Market Structure Bills
In the US, the Financial Innovation and Technology for the 21st Century Act (FIT21) and similar bills aim to create clear regulatory categories for digital assets.
FIT21 distinguishes between "restricted digital assets" (regulated by the SEC), "digital commodities" (regulated by the CFTC), and "permitted payment stablecoins." It sets out registration, compliance, and disclosure requirements for each category.
The bill also seeks to reduce regulatory overlap, clarify oversight, and establish processes for classifying and reclassifying digital assets, including decentralized finance (DeFi) systems.
Stablecoins are cryptocurrencies pegged to stable assets like fiat currencies (e.g., USD) or commodities (e.g., gold), designed to maintain a consistent value.
Benefits for Payments
Lower Costs: Stablecoin transactions often have significantly lower fees compared to traditional payment rails. For example, sending money internationally with stablecoins can cost less than $0.01, compared to $12+ via banks.
Faster Settlement: Payments settle in real-time, 24/7, unlike traditional banking hours, enabling instant cross-border transactions.
Global Access: Stablecoins allow businesses and individuals to send and receive payments worldwide, bypassing intermediaries and expanding access to financial services.
Reduced Volatility: Because they're pegged to stable assets, stablecoins avoid the price swings seen in other cryptocurrencies, making them practical for everyday transactions and payroll.
Use Cases
Remittances: Stablecoins are increasingly used for sending money across borders, especially to underbanked populations, due to their low cost and speed.
Business Payments: Companies use stablecoins to pay suppliers, employees, and partners globally, reducing settlement times and transfer fees.
Merchant Acceptance: Merchants can accept stablecoin payments, offering customers more options and reducing card processing costs.
Industry Adoption
Major payment processors and financial institutions are integrating stablecoin solutions to improve margins and expand service offerings. For example, Visa has launched stablecoin payment options in Latin America.
APIs and platforms now enable businesses to automate and manage stablecoin payments at scale, further driving adoption.
$USDC USD Coin (USDC) is widely traded against many major cryptocurrencies and some fiat currencies on leading exchanges. Here are some of the most common USDC trading pairs:
BTC/USDC (Bitcoin)
ETH/USDC (Ethereum)
LTC/USDC (Litecoin)
XRP/USDC (Ripple)
BCH/USDC (Bitcoin Cash)
EOS/USDC (EOS)
XLM/USDC (Stellar Lumens)
TRX/USDC (Tron)
ADA/USDC (Cardano)
DOT/USDC (Polkadot)
You can also find USDC paired with stablecoins and fiat currencies, such as:
#AltcoinETFsPostponed The U.S. Securities and Exchange Commission (SEC) has delayed decisions on several major altcoin ETFs, including those for XRP, Dogecoin, Solana, Litecoin, Polkadot, and Hedera.
Key Details:
The Franklin Templeton spot XRP ETF decision has been postponed to June 17, 2025.
The Bitwise Dogecoin ETF decision is now expected by June 15, 2025.
Other altcoin ETFs (Solana, Litecoin, Polkadot, Hedera) have also seen delays, with most new deadlines set for June 2025.
These postponements are procedural and align with standard SEC review timelines, not necessarily signaling rejection.
Final decisions for many of these ETFs could extend as far as October 2025.
#Trump100Days Trump signed at least 142 executive orders, more than any other president in their first 100 days, focusing on immigration, border security, energy, and trade.
He enacted mass pardons, including over 1,500 individuals related to the January 6 Capitol riot.
Trump aggressively pushed his "America First" agenda, including new tariffs, efforts to reduce the federal workforce, and attempts to cut federal spending.
He claimed success in reducing unauthorized border crossings and highlighted ongoing efforts to attract automotive manufacturing to Michigan.
Political and Legal Challenges
Trump faced over 200 lawsuits in his first 100 days, with more than 70 rulings against his administration's efforts, especially on immigration, deportations, and federal spending.
The Supreme Court temporarily blocked certain deportations, reflecting ongoing legal resistance to his policies.
Arizona lawmakers have approved two bills (SB 1025 and SB 1373) that would allow the state to invest up to 10% of its public funds, including treasury and pension assets, in digital assets such as Bitcoin and NFTs.
These bills also establish a Digital Assets Strategic Reserve Fund, which will hold both seized crypto assets and future appropriations, with requirements for on-chain auditability and risk management.
Potential Impact
If fully enacted, Arizona could allocate up to $3.14 billion (10% of its $31.4 billion in assets) to digital assets, potentially acquiring around 31,000 BTC.
This move would make Arizona the first U.S. state to formally hold Bitcoin in its treasury and one of the largest institutional holders of Bitcoin among public entities.
#AbuDhabiStablecoin Abu Dhabiās sovereign wealth fund ADQ, conglomerate IHC, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin fully backed by the UAE dirham.
The stablecoin will be issued by FAB and will be fully regulated by the Central Bank of the UAE, pending regulatory approval.
Purpose and Use Cases
The stablecoin aims to serve as a reliable digital currency for individuals, businesses, and institutions, facilitating daily transactions and payments both locally and globally.
It will operate on the ADI blockchain, a UAE-developed platform designed to support secure and scalable digital payments.
Use cases include traditional payments, commerce, trade, and emerging digital applications such as machine-to-machine and AI-driven transactions.
#AirdropFinderGuide Binance airdrops are events where users can receive free crypto tokens or NFTs by meeting specific requirements, such as holding certain assets, staking, or completing tasks. These airdrops are often tied to new token launches or promotional campaigns.
How to Participate in Binance Airdrops
Create and Verify Your Binance Account
Sign up on Binance and complete identity verification (KYC) to unlock all features.
Enable Notifications
Turn on email, SMS, or app notifications to stay updated on new airdrop campaigns.
Check the Airdrop Portal
Visit the official Binance Airdrop page or the "Promotions" section for current opportunities.
Meet Eligibility Requirements
Common requirements include:
Holding specific tokens (e.g., BNB) in your Binance wallet
Staking or locking tokens for a set period (via Simple Earn, Launchpool, or Megadrop)
Completing Web3 quests or project-related tasks
Participating in trading competitions or referral programs.
Iām currently mining Lumira Coins for free using the MIRA Network application.
ā Sign up with my referral code to earn +1 Lumira: jannu
šWebsite: http://lumira-miner.com/
šAirdropToken is an emerging UK-based crypto company specialising in tokenizing real-world asset (RWA) businesses. Its unique feature allows community members to become shareholders in tokenized companies.
š°A portion of the companyās profit is allocated to the liquidity pool of Lumira Coins. The more active you are on the app, the higher the value of the Lumira Coin grows.
Join us now and earn your share of the future of tokenization.
#TrumpTaxCuts President Trump recently proposed a new income tax cut aimed at easing the impact of his sweeping tariffs, particularly focusing on people earning less than $200,000 a year. He suggested that tariff revenue could help reduce or even eliminate income taxes for this group, although economists have questioned whether tariffs alone can generate sufficient revenue for this purpose.
Trump also wants to extend and expand the tax cuts initially passed in 2017, many of which are set to expire at the end of 2025. His proposals include exempting workers' tips and social security earnings from taxes and lowering the corporate tax rate from 21% to 15%.
The 2017 Tax Cuts and Jobs Act (TCJA), often called the Trump tax cuts, reduced tax rates for corporations and individuals, increased the standard deduction and family tax credits, and made other changes. While it lowered taxes for many Americans, the benefits were skewed toward higher-income earners, and many individual tax cuts are scheduled to expire in 2025. Extending these cuts could add significantly to the federal deficit, raising concerns among economists about inflation and fiscal health.
In summary, Trump's current tax cut plans aim to continue and expand his 2017 tax policies, using tariff revenues to offset income taxes for many Americans, but these proposals face skepticism regarding their economic feasibility and impact.
#XRPETF The U.S. SEC has approved the launch of three ProShares XRP futures ETFs set to go live on April 30, 2025. These ETFs will provide exposure to XRP price movements via futures contracts, not by holding the actual XRP tokens. The three ETFs include:
Ultra XRP ETF (2x leverage)
Short XRP ETF (-1x leverage)
Ultra Short XRP ETF (-2x leverage)
These follow the first U.S. XRP futures ETF launched by Teucrium earlier in April 2025, which saw strong initial trading volume. Futures-based ETFs allow investors to speculate on XRP price changes without owning XRP directly.