Naveed Ahmad

Crypto Industry Launches First Major Legal Challenge to Illinois’ Digital Asset Tax

The case centers on equal treatment, with challengers claiming blockchain users should not face different tax rules than traditional finance. The Digital Chamber has filed a lawsuit to block Illinois’ upcoming crypto tax. The industry advocacy group argues that the tax unlawfully targets blockchain transactions for discriminatory reasons. Illinois Faces Legal Challenge Over Crypto Tax…

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Making of the Tour de France route

From maps to mountains, the Tour de France route is a three-year masterpiece shaped by strategy, scenery and history. Photo: AFP/FILE LONDON: As cycling fans on the roadside and watching at home on television marvel at the stunning scenery on view at the Tour de France, organisers ASO are already planning the next editions of…

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SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown

SoundCloud announced Wednesday that it has acquired Nina Protocol, a decentralized music platform that enabled independent artists to sell music directly to fans while keeping 100% of their revenue. The financial terms of the deal weren’t disclosed. It’s also unclear whether any members of Nina’s team will join SoundCloud. The company has not yet responded…

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US Federal Officials Barred Until 2029 from Issuing or Sponsoring Tokens under CLARITY’s Proposed Ethics Rules

Senate Republicans have released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including President Donald Trump — from issuing or sponsoring any digital asset. In the 616-page text of the CLARITY Act made public on Wednesday, US lawmakers included language…

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Pak boxing team ready for Commonwealth Games

A five-member Pakistan boxing team has arrived in Glasgow to take part in the Commonwealth Games, which are scheduled to begin on Thursday, July 23. The squad, accompanied by officials and Pakistan Olympic Association Secretary General Haji Khalid Mahmood Chaudhry, will represent the country in five different weight categories during the prestigious multi-sport event, according…

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