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Article by Steve Kaaru

Hong Kong to license local exchanges, but limits them to professional investors
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14 February, 2022

Hong Kong to license local exchanges, but limits them to professional investors

The Hong Kong government intends to amend the AML and CFT regulations to recognize exchanges legally but plans to limit...
Zambia exploring CBDC, but warns against digital currencies: report
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13 February, 2022

Zambia exploring CBDC, but warns against digital currencies: report

The Zambian central bank has been conducting research on a central bank digital currency, an executive told Bloomberg, weeks after...
North Korea relying on digital currency hacks to grow nuclear programs: UN
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12 February, 2022

North Korea relying on digital currency hacks to grow nuclear programs: UN

In its latest report, the organization said that the country increased capabilities for rapid deployment of nuclear weapons amid sanctions...
Venezuela to levy 20% tax on digital currency transactions as adoption rises
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11 February, 2022

Venezuela to levy 20% tax on digital currency transactions as adoption rises

To protect the bolivar, the government is reportedly going after digital currency users, imposing a 20% tax on BTC transactions...
Myanmar: Military gov’t mulls digital currency but World Bank shoots it down
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11 February, 2022

Myanmar: Military gov’t mulls digital currency but World Bank shoots it down

The country’s military government said recently that it’s considering launching a digital currency to boost its economy, but the World...
Russia to treat Bitcoin as a currency, weeks after proposed blanket ban
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11 February, 2022

Russia to treat Bitcoin as a currency, weeks after proposed blanket ban

A new document by the Russian government, supported by the central bank, has dispelled fears of a blanket ban, weeks...

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