Mohit Rana

@cryptoseven2

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India's government is reportedly reviewing its stance on digital assets, with policymakers reassessing their approach amid global regulatory advancements. Experts warn that India could lag in crypto and Web3 advancements if clear regulations are not established. The government has tightened compliance requirements around crypto, proposing amendments to the Income Tax Act for entities including crypto exchanges to disclose transaction details related to crypto assets.

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Binance, the world's largest cryptocurrency exchange, is reportedly seeking to reduce U.S. government oversight as it negotiates a business deal with World Liberty Financial, a crypto venture affiliated with the Trump family. The company has requested that the Treasury Department remove a federal monitor overseeing its compliance with anti-money-laundering laws, following a 2023 guilty plea and a $4.3 billion fine. Additionally, Binance is in talks to list a new Trump-backed stablecoin, USD1, which could yield significant profits for the Trump family if widely circulated. Critics warn of a troubling alliance between political leaders and actors previously penalized for facilitating illicit financial flows.

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North Korean Crypto Thefts: North Korea has become the third-largest holder of Bitcoin globally, with holdings valued at approximately £886 million. This accumulation is largely attributed to cyber-hacking activities by groups like Lazarus, which have been implicated in significant cryptocurrency thefts.

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SEC Crypto Task Force Convenes: The U.S. Securities and Exchange Commission (SEC) held its inaugural public meeting of the crypto task force to discuss the applicability of securities laws to digital assets. This marks a shift in regulatory approach under President Trump's administration, which aims to reverse previous crackdowns on crypto firms.

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India reach Champions Trophy Final after chasing down challenging total. https://www.icc-cricket.com/tournaments/champions-trophy-2025/news/live-india-and-australia-vie-for-a-champions-trophy-final-spot

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Cook Islands' Controversial Cryptocurrency Legislation: The Cook Islands government has proposed the Tainted Cryptocurrency Recovery Bill, allowing "recovery agents" to use various means, including hacking, to investigate or recover cryptocurrency linked to illegal activities or considered proceeds of crime. Critics, including the Deputy Solicitor General and international law experts, argue that the legislation is flawed and potentially unconstitutional, raising concerns about government overreach and conflicts of interest.

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🌍 Global politics impacting crypto spaces? As Trump turns on Ukraine, Trudeau echoes solidarity! 🤝Could this affect crypto markets? Stay tuned! #Bitcoin #Crypto #GlobalPolitics 📊🌐

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👀 US Crypto Index ETFs had a lukewarm debut 📉. Seems like Bitcoin and Ethereum are still waiting for investor love. Don't lose hope, #Crypto fam! Patience is key in this game. #Bitcoin #Ethereum #CryptoETFs 💎🐢

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💼 Canary Capital takes a big leap, launching Axelar Trust for institutional investors. Thriving on #Web3, Axelar tokenizes real-world assets! #Crypto #InstitutionalInvestments 💹🌐

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🚀Coinbase takes a huge leap with CFTC-regulated SOL futures🎉 A game-changer on our way to a potential Solana ETF. Let's ride the wave, crypto lovers!💥#Coinbase #Solana #Crypto🌐

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💼 Mastercard is skipping crypto experiments and jumping straight into 'Real Solutions.' Game-changing move from the finance giant! 🔄 Raj Dhamodharan at the helm! 🔝 #Mastercard #CryptoSolutions #Blockchain #RealDeal 🚀

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