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Article by Steve Kaaru

Binance booted out of Ontario while India subsidiary busted over alleged tax evasion
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6 January, 2022

Binance booted out of Ontario while India subsidiary busted over alleged tax evasion

In Canada, the Ontario securities regulator announced that Binance wasn’t authorized to offer services in the province; meanwhile in India,...
Bank of Jamaica completes CBDC pilot, schedules Q1 2022 national rollout
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6 January, 2022

Bank of Jamaica completes CBDC pilot, schedules Q1 2022 national rollout

The Bank of Jamaica first announced it was testing a prototype of the Jamaican dollar and kicked off the pilot...
China’s digital yuan wallet launches on app stores for 11 select cities
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6 January, 2022

China’s digital yuan wallet launches on app stores for 11 select cities

The wallet is available for users in Shenzhen, Shanghai, Chengdu, Qingdao, Suzhou and six other cities, as well as those...
South Korea to tax inherited and donated digital currencies starting 2022
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5 January, 2022

South Korea to tax inherited and donated digital currencies starting 2022

South Korea’s tax agency will use data from the Big Four exchanges to determine the daily average price upon which...
Mexico to launch gov’t-backed digital currency by 2024
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5 January, 2022

Mexico to launch gov’t-backed digital currency by 2024

The Mexican government tweeted that the Bank of Mexico intends to have a digital peso in circulation by 2024 as...
Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K
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5 January, 2022

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K

Estonia has been working on new AML laws that the government approved two weeks ago, and they are designed to...

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