'Lashkar-E-Rahul': Anurag Thakur BLASTS Rahul Gandhi, Calls Him 'Poster Boy Of Pak Propaganda'
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India Today
12 minutes ago
- India Today
White House releases roadmap to make US the ‘crypto capital of the world'
The White House unveiled sweeping recommendations from the President's Working Group on Digital Asset Markets, outlining an ambitious strategy to solidify the United States' leadership in blockchain and digital financial report stems from Executive Order 14178, signed by President Trump earlier this year, which directed federal agencies to align policy, regulation, and innovation with his pledge to make America the 'crypto capital of the world.'advertisement'By implementing these recommendations, policymakers can ensure that the United States leads the blockchain revolution and ushers in the Golden Age of Crypto,' the Working Group said in its report. The group — composed of officials across federal regulatory agencies — recommends a mix of legislative and executive actions, including clarity on regulatory oversight, expanded crypto banking access, a robust framework for stablecoins, and modernized tax and anti-money laundering RECOMMENDATIONS:1. Regulatory Clarity and InnovationThe Working Group calls on Congress to act on bipartisan momentum behind the CLARITY Act by granting the Commodity Futures Trading Commission (CFTC) the authority to oversee non-security digital asset spot markets. It also urges regulators to embrace DeFi and allow new financial products through tools like safe harbors and regulatory sandboxes.'A fit-for-purpose market structure framework is essential to support growth and innovation,' the report states.2. Crypto-Friendly Banking ReformsAfter ending "Operation Choke Point 2.0," the Trump administration now wants clear banking rules for custody, stablecoin issuance, and blockchain use. The group stresses aligning capital requirements with real risks, not just the 'fact of their presence on a distributed ledger.'3. The GENIUS Act and StablecoinsWith the recent signing of the GENIUS Act, America has enacted its first federal stablecoin framework. The group calls for swift implementation and proposes the Anti-CBDC Surveillance State Act, which would codify Trump's executive order banning Central Bank Digital Currencies.'The widespread adoption of dollar-backed stablecoins will modernize payments infrastructure,' the report adds.4. Combating Illicit Finance Without OverreachThe group seeks modern AML rules that protect national security without infringing on self-custody rights or targeting law-abiding citizens.5. Digital Asset Tax ReformsThe IRS and Treasury are advised to reduce red tape, clarify rules around mining, staking, and de minimis receipts, and adjust tax codes to treat digital assets as a distinct asset class — subject to modified securities and commodity rules.- EndsMust Watch
Time of India
24 minutes ago
- Time of India
'I'm proud to say no Hindu can ever be a terrorist': Amit Shah in Rajya Sabha
NEW DELHI: "I am proud to say, no Hindu can ever be a terrorist," Union home minister Amit Shah declared in Rajya Sabha on Wednesday, hitting out at Congress for manufacturing the thesis of "saffron terror" to malign majority community as part of its politics of appeasement. "They tried to give terrorism a religious colour for the sake of votes - but people of India rejected that falsehood," he said. Shah recalled the effort in some quarters to blame Hindutva outfits for the 26/11 terror attacks that Lashkar-e-Taiba carried out in Mumbai, and said Congress neta Digvijaya Singh was among those who fanned it. tnn 'Afzal Guru couldn't be hanged as long as PC was home mantri' Home minister Amit Shah recalled the effort in some quarters to blame Hindutva outfits for the 26/11 terror attacks that Lashkar-e-Taiba (LeT) carried out. "All this was done for political gain. Innocent people were jailed, tortured and defamed - not in pursuit of justice but to build a story that served electoral purposes," Shah said, without naming names. Significantly, his attack came on the eve of a court judgment in the Malegaon terror blasts case - the first case allegedly involving members of Abhinav Bharat, supposedly an extremist Hindutva outfit. On Tuesday, PM Narendra Modi in Lok Sabha had also attacked Congress for talking on Hindutva terror even as "Pakistan-backed terror organisations like the LeT were carrying out bomb attacks in different parts" during its regimes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like TV providers are furious: this gadget gives you access to all channels Techno Mag Learn More Undo In a leaked diplomatic cable, a neta can be heard saying that he was more concerned about "Hindu terror", Modi had said, in what was seen as a reference to the Wikileaks disclosure of a purported conversation between a US diplomat and Rahul Gandhi, then a Congress MP. Participating in the special discussion on Operation Sindoor and Operation Mahadev, Shah accused Congress of enabling terrorism through decades of "appeasement politics" and weakening India's internal security. "The only reason terrorism spread in this country was because of your (Congress) vote-bank calculations," he said. He also said death sentence for Afzal Guru, who was convicted for the terror attack on Parliament, could not be carried out for long as P Chidambaram was home minister. On J&K, Shah said terrorism was now at its lowest point. "There was a time when Pakistan didn't even need to send terrorists. Our own youth were being radicalised. But in the last six months, not a single Kashmiri youth has picked up a gun. All those being eliminated now are Pakistanis," he said. "In the last six months, terrorist groups have not been able to enlist a single local youth," said Shah, who emphasised that the last elections in J&K were the fairest the it has seen. "Elections in J&K were routinely rigged. One senior security officer told me that his main job during the polls was not to ensure safety but to stuff ballots," he said, adding that faith in the fairness has led to a huge turnaround in sentiment. "There was not a single village where processions were not taken out against the killings of tourists at Pahalgam," he said. On Pakistan, he reiterated, "There will be no dialogue until terrorism ends. We stopped only after they pleaded for a ceasefire - when they were on their knees."
Time of India
40 minutes ago
- Time of India
Trump's rant against India undercuts claim of having used trade to broker Operation Sindoor truce with Pakistan
NEW DELHI: When he lashed out at India for not lowering tariffs for American businesses, US President Donald Trump undercut the claim he has incessantly made: that on May 10, the Modi govt caved in to his threat of not doing trade with India if it did not pause Operation Sindoor against Pakistan. He had also suggested that India would get a good deal for its compliance. Trump's outburst on Truth Social on Wednesday conflicted with his claim of having frog marched India to cease Operation Sindoor by dangling the threat of stopping trade. Interestingly, the 'all things not good' admission from the US president, who has earned the reputation of being the global scold because of his petulance and pugnacity, came on a day when the two Houses of Parliament concluded a debate on Operation Sindoor that was dominated by Trump's claim of having mediated the suspension of hostilities. On Tuesday, PM Modi had refuted Trump's claim, saying no global leader had asked him to cease the offensive, and that it was the sheer ferocity of the IAF strikes on Pakistan's airbases that led Islamabad to sue for peace on May 10. That was getting as close as an Indian PM could get to accuse the US president of inexactitude. External affairs minister S Jaishankar went a step further on both Tuesday and Wednesday, stating that Trump and Modi did not talk between April 22 and June 16 when in a telephonic conversation, Modi had rebutted the suggestion that the operation against Pakistan was ceased because of anyone's mediation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Modern manufacturing techniques explained. Shopper Experts Learn More Undo In a significant decision, the Modi govt got foreign secretary Vikram Misri to let out details of the conversation. India has also consistently rebutted Trump's claim that trade was a factor in India's decision to stop attacking Pakistan after May 10.
