Category: Government
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Russia-Ukraine crisis was predicted by The Simpsons in 1998. Here’s Proof
What ‘The Simpsons’ think today, the world thinks tomorrow. The show seems to have predicted the current Ukraine-Russia crisis way back in 1998. It was predicted in one episode that the Soviet Union would return and the Cold War would reignite. A clip from the popular series shows the West trying to find a solution…
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Amid Escalating Border Tensions Ukraine Legalises Crypto
Ukraine has legalized Crypto amid escalating border tensions with the Soviet Bear! In the country, cryptocurrencies like Bitcoin and Ethereum are now legal tender. According to an official statement the parliament of Ukraine passed the new law on virtual digital assets with a resounding 270+ votes. Ukraine’s Vice Prime Minister and Minister of Digital Transformation, Mikhailo Fedorov,…
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Petrol Will Become More Expensive From October 2022
The Centre has announced it will hike the excise duty on petrol by Rs. 2/- a litre this October if the fuel is not blended with ethanol. In her Budget speech today, Union Finance Minister Nirmala Sitharaman said blending of ethanol in petrol is a priority of the NDA government. “To encourage the efforts for…
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Gadkari Reveals That The National Highway Network Will Expand Rapidly.
The Indian government is working toward the development of a national highway network of 2 lakh kilometers by 2025, Union Minister for Road Transport and Highways, Nitin Gadkari, has said. While addressing an event on Sunday, Gadkari said the above and added that the Centre is developing 22 greenfield access control expressways to reduce travel…
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Battery Swapping Policy To Be Introduced By Centre
Union Finance Minister announced in her 2022 Budget speech today announced that a ‘Battery Swapping Policy’ will be put in place to encourage installation of battery stations, in a bid to improve India’s electric vehicle (EV) ecosystem. “For setting up battery stations at scale, a battery swapping policy will be brought out and interoperability standards…
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Thailand Scraps 15% Cryptocurrency Capital Gains Tax After Public Backlash
Thai authorities have decided to suspend the implementation of their 15% cryptocurrency capital gains tax for now. The proposal presented earlier this year triggered a lot of opposition, but it seems that some sort of crypto tax will still be implemented. The Financial Times reports that Thailand will not move forward with its 15% cryptocurrency…
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India to Enforce 30% Crypto Tax, Digital Rupee CBDC by 2022-23
As a means to boost the country’s economic growth, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022-23. While announcing the fund allocation in the Union Budget, Sitharaman highlighted the importance of digital inclusion across numerous business sectors. In addition to introducing a digital rupee, she said…
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Crypto Adoption Will Be ‘exponential’ Says Belgian MP Who Receives An Entire Salary In Bitcoin
Christopher De Beukelaer, a member of the Brussels Parliament, says he will receive the entire salary in bitcoin this year. The technology is expected to disrupt all industries, and crypto adoption will be “exponential.” Belgian MP Says He Will Receive Entire Salary in Bitcoin – “We Can No Longer Ignore This New World” In a…
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Crypto Politicians Discover Ways To Ride The Tech Wave
New York: Scott Conger, mayor of Jackson, Tenn., ran on a modest promise to improve local infrastructure. He planned to repair the city’s aging storm-water disposal system, build sidewalks, and open a senior center in his city. Conger, 38, has a new favorite cause as he begins his fourth year in office: cryptocurrencies. The mayor…
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Some Salvadorans Claim Funds Are Missing From Their Chivo Wallets.
Many Salvadorans posting on social media, some of the money from El Salvador’s state-issued Chivo wallets is reportedly missing. In a Dec. 16 tweet by user “the commissioner,” at least 50 people in the country reported losses of more than $96,000 after the government set up Bitcoin (BTC) wallets. Users claim that some transactions, as…