Brazil’s finance minister delays divisive crypto tax plan

Brazil’s new finance minister, Dario Durigan, is expected to delay a public consultation on applying a tax on financial operations, locally known as Imposto sobre Operações Financeiras (IOF) to some cryptocurrency transactions, Reuters reported, citing sources familiar with the matter. Durigan took office on March 20 after Fernando Haddad stepped down to run for governor…

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Bitcoin at the bottleneck: Iran’s Hormuz hafta rattles markets

TOI correspondent from Washington: Iran has moved to reassert control over the Strait of Hormuz within hours of Israel’s continued strikes in Lebanon, putting a squeeze on shipping movement just 48 hours before talks are scheduled to commence in Islamabad. Tehran’s actions—ranging from enhanced inspections to outright halts of tankers—have contradicted US claims that the…

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Filecoin (FIL) declines as crypto markets retreat

Storage token Filecoin FIL$1.5404 fell 3.6% over the last 24 hours, tracking weakness in the wider cryptocurrency market. The broader market gauge, the CoinDesk 20 index, was also 3.6% lower at publication time. Filecoin’s volume ran 30% above the 30-day moving average, though participation failed to breach elevated thresholds that typically confirm directional conviction, according…

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Token Slips 0.2% to $0.2944 as Traders Exhibit Uncertainty

Stellar’s performance was muted in Tuesday’s session ending Nov. 12 at 14:00 UTC, with XLM easing from $0.2949 to $0.2944 as traders settled into a tight consolidation range. The token’s modest $0.0148 movement—around 5% of total activity—highlighted uncertainty among market participants, suggesting a lack of directional conviction. A wave of heavy selling hit late on…

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Rs 15,000 crore lifeline: Government finalising SWAMIH-2 fund — hope for 100k middle-class homebuyers

NEW DELHI: The government is set to launch SWAMIH-2 Fund, a Rs 15,000-crore initiative aimed at helping nearly 100,000 middle-class homebuyers complete their stalled housing projects. This follows the success of SWAMIH-1, which has already completed 55,000 dwelling units. The government has allocated Rs 1,500 crore as seed capital in Budget 2025-26 for this purpose.The…

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Pine Labs, Groww & more: Top stocks to watch on April 16

Citigroup initiated its coverage of Pine Labs with a buy rating and a target price of Rs 235. Analysts said that India’s payments fintech is on a monetization improvement trajectory, with leading players increasingly entrenched in respective core areas of leadership. While product, services and distribution build-outs into comprehensive plays will continue across the fintech…

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