Washington, June 4 (IANS) The Trump administration signalled on Wednesday that it intends to position the United States as the global leader in digital assets and cryptocurrency innovation, a move that could have implications for India and other major economies still grappling with the regulation and taxation of the rapidly evolving sector. Appearing before the Senate Finance Committee to discuss the administration’s fiscal year 2027 budget request, Treasury Secretary Scott Bessent outlined plan…
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Washington, May 30 (IANS) US President Donald Trump ended a two-hour Situation Room meeting on a proposed Iran agreement without announcing a decision, media reports said.Trump had earlier said he would make a “final determination” on a proposal aimed at extending a ceasefire with Iran, reopening the Strait of Hormuz and launching negotiations over Tehran’s nuclear programme.However, after the meeting concluded, the White House offered no indication that a final decision had been reached.CNN rep…
Washington/New Delhi, May 28 (IANS) Pakistan-linked networks have shown growing agility, adapting their tactics to evade Indian border defences and exploit emerging technologies. The rising use of drug-laden drones along the western border, particularly in Punjab, is emerging as a major concern, a report has highlighted.The US has long structured its South Asia policy countering China, dealing with the fallout from Afghanistan, and preventing terrorist safe havens, yet Pakistan-facilitated narco…
New Delhi, May 18 (IANS) Bitcoin slid to its weakest level in May on Monday over escalating macroeconomic concerns tied to the US‑Iran conflict, causing overall crypto market weakness.The world’s largest cryptocurrency dropped to $76,711 before it recovered some losses to trade at $76,985.11 as of 2.25 pm. Major digital assets such as Ether and Solana also traded lower.Nearly $500 million of long positions were liquidated within about 15 minutes during early Asian trading hours, according to…
Bengaluru, May 9 (IANS) The Enforcement Directorate (ED) has arrested key accused Srikrishna aka Sriki in connection with the alleged Bitcoin scam and hacking of the Karnataka government’s e-procurement portal, the officials said on Saturday.Along with Sriki, the ED also arrested Robin Khandeval and Sunish Hegde after conducting an extensive investigation into the case over the past several years.The arrests come days after ED officials conducted raids at 12 locations on April 20, including pr…
Hyderabad, May 7 (IANS) Telangana’s new Director General of Police C. V. Anand on Thursday urged the entire police force to collaborate to eradicate drugs with the same spirit with which it made the state Maoist-free. He also called upon people to become partners in the process of curbing drugs for the future of their children.The Director General of Police reviewed the performance of EAGLE Force, a special division established to curb the menace of drugs.Anand said that after taking charge as…
Mumbai, May 5 (IANS) Bollywood superstar Ajay Devgn is still not over his ‘Raid 2’ character a year after its release. On Monday, the actor took to his X, formerly Twitter, and shared a post in which he lauded the Enforcement Directorate (ED) in their campaign to stop the financial crimes in the country. He wrote, “I’ve taken the pledge for financial integrity. It’s time we stand together against financial crime. Are you with me? Let’s protect our nation! @dir_ed”.The Enforcement D…
Colombo, April 22 (IANS) Pakistan’s terror ecosystem is expanding rather than shrinking, with terrorist organisations such as Jaish-e-Mohammad establishing a women’s wing, ‘Jamaat-ul-Mominat’, and Lashkar-e-Taiba setting up a so-called ‘Water Wing’ aimed at maritime assault capabilities, a report said on Wednesday. According to a report in Sri Lankan media outlet Ceylon Wire News, terror financing has gone digital, with encrypted cryptocurrency transactions supplementing traditional hawala net…
Mumbai, April 10 (IANS) The Securities and Exchange Board of India (SEBI) has uncovered a case in which a stock broking licence was allegedly used as a front to run a Ponzi-like scheme, luring investors with promises of assured monthly returns of 10–12 per cent.In an order issued against Trdez Investment Private Limited, the regulator said investors were misled into believing that several entities — including Infinite Beacon, IB Prop Desk and Sispay TFS — were linked to the SEBI-registered b…
Noida, April 9 (IANS) Police in UP’s Gautam Buddha Nagar have achieved a major success in its crackdown on cybercrime with the Cyber Crime Police Station team on Thursday busting a fake call centre operating in Sector-16, Noida, and arresting 16 accused, officials said.The gang used to trap foreign nationals through paid online advertisements and defraud them by instilling fear of hacking and data theft.According to the police, the action was carried out based on local intelligence and technical…