India's digital asset sector lobbies for tax cuts
India's digital asset sector takes advantage of the Modi-led government's warming up to digital asset exchanges following Trump's return to the White House.
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US bill elevates CFTC, but no one works there anymore
As Vance expressed optimism for the passing of a finished market structure bill, concerns are mounting over the impact of Trump's crypto ventures.
South Africa: Digital assets not subject to forex controls
In a case pitting South Africa’s largest bank against the central bank, a court ruled that digital assets are not currency or capital on forex regulations.
Could foundation models make RAG obsolete? - CoinGeek
With the changing terrain in the tech space, RAG could one day become outdated as more advanced systems respond with clarity and resonance.
Landless farmers in India reap benefits of CBDC: report
NABARD and SBI are spearheading initiatives to help landless farmers access financial services as India works toward more inclusive digitalization.
Jamaica’s largest bank pushes digital payments initiatives
In other news, Thai authorities have paused its digital wallet project designed to give funds to citizens, which triggered a wave of concern for regulators.
Ugandan executive kidnapped, tortured for ‘crypto’
The Ugandan is the founder of a local ‘crypto’ token and was allegedly kidnapped by criminals posing as security agents and forced to transfer his tokens.
Michigan’s new bills ban CBDC, permit state to invest in ‘crypto’
One of the four proposed bills also wants the state to permit BTC mining in abandoned oil and gas sites, mirroring a similar move by the Pakistani gov't.
JPMorgan, other big banks bet on stablecoins
The GENIUS Act has yet to become a law in the U.S., but major banks are already moving ahead with their strategic plans to avoid losing market share.
El Salvador thumbs nose at IMF by buying more BTC or did they?
On May 27, the IMF said it reached a “Staff-Level Agreement on the First Review under El Salvador’s Extended Fund Facility Arrangement.”