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On 6 October 2025, Indian Union Minister Piyush Goyal said that the country is ready to launch a sovereign, Reserve Bank of India (RBI) -backed digital currency, which will be traceable. Goyal insisted that the country will not be encouraging cryptocurrency,” which does not have sovereign backing or which is not backed by assets, say … Read more
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images JPMorgan Chase says fintech middlemen — the companies that have helped a … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The contentious winter fuel payment could be restored to all pensioners under plans being considered by Downing Street, with the sum being recouped from higher income pensioners through their tax returns. Government officials confirmed the … Read more
Democratic state financial leaders are pushing back swiftly and loudly on the GOP budget bill as new details have emerged about tax provisions ahead of a Tuesday House committee meeting. The budget bill sets the overall federal spending agenda, including targets and spending cuts that will fund tax reductions. According to think tank Tax Policy … Read more
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