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Article by Steve Kaaru

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...
Bank of England to decide on CBDC in 2022, but it won’t develop retail wallet
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10 February, 2022

Bank of England to decide on CBDC in 2022, but it won’t develop retail wallet

A senior executive at the bank said that while it may eventually pursue the central bank digital currency, it would...
SEC seeks public feedback on Grayscale’s BTC spot ETF application
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10 February, 2022

SEC seeks public feedback on Grayscale’s BTC spot ETF application

The U.S. regulator is requesting for public feedback on the ETF application, which seeks to convert shares of the Grayscale...
Colombia taxman cracking down on digital currency tax evaders
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9 February, 2022

Colombia taxman cracking down on digital currency tax evaders

The tax agency, known as DIAN, acknowledged the rise in digital currency adoption and said it had initiated actions to...

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