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Article by Steve Kaaru

South Korea to seize digital currencies from tax dodgers in proposed law
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28 July, 2021

South Korea to seize digital currencies from tax dodgers in proposed law

To help share the burden of taking care of its aging population, the South Korean government has been hiking taxes...
Bank of Russia wants digital currency companies out of stock exchanges
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27 July, 2021

Bank of Russia wants digital currency companies out of stock exchanges

The Bank of Russia recently sent a letter to stock exchanges urging them to stay away from companies that deal...
Nigeria eyes October launch for CBDC after 5 years of research
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27 July, 2021

Nigeria eyes October launch for CBDC after 5 years of research

The central bank has been working on Project GIANT since 2017, conducting research on the opportunities and risks it poses...
South Korea warns foreign exchanges to register by Sept 24 or risk being shut down
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27 July, 2021

South Korea warns foreign exchanges to register by Sept 24 or risk being shut down

Under the Specific Financial Information Act, any exchange operator that continues to operate past the deadline without registering is liable...
India taking first steps towards a digital rupee to fight ‘private’ virtual currencies
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26 July, 2021

India taking first steps towards a digital rupee to fight ‘private’ virtual currencies

Rabi Sankar, deputy governor at the Reserve Bank of India, noted the need for India to keep pace with other...
Turkey finance ministry readies digital currency bill for parliament
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24 July, 2021

Turkey finance ministry readies digital currency bill for parliament

The country’s Ministry of Finance has finalized a digital currency bill that it would propose to parliament in October, in...

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