سعر SagaSAGA

RT @dantanakakujira: Just pausing to appreciate @danielesesta..... from Popsicle Finance to Abracadabra to the Wonderland saga, he pushed D…

Despite mounting pressure for regulatory clarity, the Reserve Bank of India remains firmly opposed to cryptocurrencies, citing risks to monetary policy and financial stability. RBI Governor Sanjay Malhotra reaffirmed the central bank’s stance even as a government committee reviews policy options and the Supreme Court presses for clearer guidelines. The tension highlights India’s ongoing regulatory deadlock, where legal, judicial, and financial forces continue to clash over the future of digital assets. Malhotra underlined during a news conference following the announcement that the RBI is still concerned about the possible threats that cryptocurrencies could pose to monetary policy and financial stability. “RBI has maintained a consistent stance on this issue. A [government] committee is currently examining the matter. We remain concerned about the potential risks crypto poses to financial stability and monetary policy,” Malhotra said . The comments come as a government committee continues examining cryptocurrency regulation. India is also expected to release a comprehensive policy discussion paper in June 2025 following mounting pressure from the Supreme Court for regulatory clarity. In recent proceedings, the Supreme Court has questioned the government’s delay in establishing clear cryptocurrency policies. The justices also noted the absence of proper regulatory frameworks has created confusion in the digital asset space. Given the advancements in the global financial system, a Supreme Court bench led by Justices Surya Kant and N Kotiswar Singh stated that prohibiting cryptocurrencies is not feasible. The country has maintained an ambiguous stance since the Supreme Court overturned RBI’s 2018 banking ban on cryptocurrency transactions in March 2020. India’s cryptocurrency regulation saga began in 2018 when RBI issued a circular prohibiting banks and financial institutions from providing services to cryptocurrency businesses. The prohibition was later struck down by the Supreme Court in March 2020. The court ruled that the banking ban was disproportionate and violated constitutional rights under Article 19(1)(g) of the Indian Constitution. Following the court ruling, RBI instructed banks not to block cryptocurrency transactions based on the invalidated circular. This provided a temporary relief to the crypto industry. Despite legal setbacks, RBI Governor Shaktikanta Das has consistently characterized cryptocurrencies as posing “huge risks to financial stability” and called them a “clear danger” to the economic system. Previous statements from Das suggested that all cryptocurrencies should be banned due to their potential to undermine India’s financial and macroeconomic stability. The central bank has remained firm in its belief that crypto could undermine India’s financial stability. It has also cited concerns about its use in money laundering and its potential impact on monetary policy effectiveness. In 2022, India announced a 30% tax on crypto gains and a 1% TDS on cryptocurrency transactions. This remains one of the world’s highest cryptocurrency tax regimes.

CUDIS Project Overview CUDIS is a revolutionary longevity protocol that transforms health data management through blockchain technology, AI-powered coaching, and comprehensive health monitoring. Here's an overview of the project: Key Features - *Decentralized Health Data Ownership*: CUDIS gives users control over their health data, allowing them to monetize it while maintaining ownership. - *AI-Powered Coaching*: Personalized coaching and health insights are provided through AI-driven technology. - *Smart Ring Technology*: CUDIS has developed a smart ring that offers continuous and detailed monitoring of personal health metrics. - *Longevity Hub*: A platform for longevity-focused projects, researchers, and programs, providing seed funding, token launches, and liquidity provision. Roadmap - *2023*: Ideation and initial development, including finalizing the CUDIS system blueprint and designing the first prototype of the CUDIS Ring. - *2024*: Product launch and ecosystem formation, featuring the launch of the beta app, successful ring sales, and integration with over 70 wearable device brands. - *2025*: Scaling the longevity ecosystem, including token generation events, infrastructure development for the Longevity Hub, and global marketing campaigns ¹. Funding and Investors - *Seed Round*: CUDIS raised $5 million in funding from investors like Draper Associates, Skybridge, Penrose, SNZ, Mozaik, Foresight Ventures, and DraperDragon. - *Investor Network*: CUDIS has a network of 22 investors supporting its growth and development ² ³. Partnerships and Collaborations - *Web3 Partnerships*: CUDIS has established partnerships with notable Web3 projects and incubators, including Saga DAO, Monke DAO, Helium Mobile, DeGods, and the Solana Foundation. - *Ecosystem Development*: CUDIS is building a comprehensive ecosystem that rewards individual health optimization while advancing longevity research and development ³ ¹.

The best part of the Elon/Trump saga is that both audiences are conspiratorial and don’t believe this is a real beef 😭😭😭

We were all raised on antihero renditions of pop culture folklore. Elon, Trump, etc are just archetypical of our generation(s). Real treat for the writers to give us the Civil War saga.