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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet


U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

Indian Supreme Court Heard Crypto Case in Depth Today


The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...

Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill


The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...

Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing


The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...

Indian Government Breaks Silence on Crypto Regulation


The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...

Leaked Details of India’s Supposed New Cryptocurrency Bill Analyzed


Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. Meanwhile, the country’s finance secretary has confirmed that...

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