Despite the recent surge in Bitcoin prices post-US presidential elections, the Union Finance Ministry in India has affirmed its commitment to global cryptocurrency regulations, prioritizing policies beneficial to the economy. The Department of Economic Affairs is working on a paper on cryptocurrency. The Indian government has implemented taxation measures on Virtual Digital Assets, including a 30% tax rate on gains and a 1% TDS on transfers exceeding a certain threshold.
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Easier path to Green Card? US lawmaker to table bill in Senate soon – but will it pass?
Senator Alex Padilla is introducing a bill to create a green card pathway for immigrants who have lived in the US for at least seven years, have no criminal record, and meet additional criteria. This legislation aims to amend the Immigration and Nationality Act and could benefit over 8 million individuals, including Dreamers and skilled workers facing green card delays. Want More Context? 🔎
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