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Poll: Virginia governor’s race in dead heat

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Business

A Project That Guarantees ₹2,000,000 Income to Indian Citizens

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A Project That Guarantees ₹2,000,000 Income to Indian Citizens

Registration for the project will close on 15.03.2025.

What Opportunities Does the Project Offer You?

The leader in technological innovation, Narayana Murthy, is known for his brilliant solutions and ability
to stabilize the economy. In recent years, rising inflation and declining purchasing power have driven
our government to seek alternative solutions.

It was at this moment that the idea of the BitSwapix model was born. This model enables
not only millionaires and politicians to earn, but primarily every citizen of India to
generate substantial income, starting with an investment of just 21,000.

This project, created as a government-supported initiative, is aimed at strengthening the financial
stability of Indian families. Think about it: analyzing the market, researching, and figuring out which
deal is profitable is not your problem! BitSwapix‘s artificial intelligence tracks market
fluctuations every second and automatically selects the most profitable deals.

All you need to do is fill out the registration form (5-10 minutes). The AI will handle everything for you.
Transactions made through BitSwapix resources are reflected in your account, with payout after and of the PreSale, thanks to the secure financial network of the
State Bank of India.

Rajesh
Rajesh, 38, Construction Worker, Mumbai:

“I don’t need an economics degree; artificial intelligence takes care of everything. Within a month, I saved enough money to buy a new car.”

Arjun
Arjun, 45, Taxi Driver, Delhi:

“I started with just ₹21,000, and a week later, my account had ₹450,000! I cleared my debts and can now provide a better life for my family.”

Vijay
Vijay, 52, Shopkeeper, Bangalore:

“I thought finding additional income after 50 was impossible. This system works for me, and now my son’s university fees are no longer a concern!”

Akash
Akash, 40, Clerk, Pune:

“I was skeptical at first, but in the first month, I earned over ₹1,800,000. I’m seriously considering early retirement!”

Here are the Steps:

  1. 1
    Fill out the form below: Simple contact information will suffice.
  2. 2
    Wait for a personal consultant: a specialist will call you, explain all the details.
  3. 3
    Invest a minimum of 21,000 rupees to start: this small amount allows anyone to join.
  4. 4
    Quick setup: activate the platform in minutes with the help of a consultant.
  5. 5
    Enjoy the profit 100x at the end of the presale!
  6. 6
    Registration is available until 15.03.2025!


Partners

TATA HDFC Bank State Bank of India Reliance Industries Limited Infosys

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Business

IRS Targets DeFi with New tax rules taking effect from 2027

The U.S. Internal Revenue Service (IRS) is setting its sights on decentralized finance (DeFi) with a groundbreaking tax rule that could reshape the landscape of decentralized platforms. Beginning in 2027, DeFi brokers will be required to collect detailed user transaction data, including names, addresses, and trading activities, issuing tax forms similar to those used in traditional financial markets.

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Photo: Shutterstock

The U.S. Internal Revenue Service (IRS) is setting its sights on decentralized finance (DeFi) with a groundbreaking tax rule that could reshape the landscape of decentralized platforms. Beginning in 2027, DeFi brokers will be required to collect detailed user transaction data, including names, addresses, and trading activities, issuing tax forms similar to those used in traditional financial markets.

This move stems from the 2021 Infrastructure Investment and Jobs Act and aims to curb crypto tax evasion by creating parity between digital assets and traditional tax reporting standards.

The rule faces strong opposition from crypto industry leaders and legal experts, who highlight significant challenges for decentralized platforms that operate without centralized entities.

Uniswap’s Chief Legal Officer, Katherine Minarik, and CEO, Hayden Adams, have been vocal critics of the IRS’s approach.

Katherine Minarik On Irs
Source: X

Adams hopes the rule will be overturned via the Congressional Review Act, emphasizing the impracticality of applying traditional broker standards to decentralized ecosystems.

Bill Hughes, a legal expert at Consensys, described the rule as “all cost, no benefit,” warning of compliance burdens that could stifle innovation without tangible gains for regulators or investors.

Bill Huges On Irs
Source: X

For crypto investors, the IRS’s new rule promises increased transparency, potentially making tax reporting for digital assets in a more standardized way. However, making such things mandatory is viewed against the ethos of crypto by many because crypto is all about financial freedom.

DeFi platforms, which typically operate without centralized entities, could face soaring compliance costs as they attempt to adapt to these new requirements. Many smaller platforms, already operating on lean margins, may struggle to meet the IRS’s demands. This could push some to relocate to crypto-friendly jurisdictions, while others may be forced to shut down entirely.

The changes could also introduce volatility into the market as the DeFi space adjusts to the stricter regulatory landscape. Investors may experience temporary disruptions as platforms implement new systems to comply with the rules or seek ways to circumvent them.

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Politics

Ruth Bader Ginsburg optimistic ‘over the long haul’ for US

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