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The fintech firm highlights the vast benefits Filipino users can reap by using blockchain technology, including promoting financial inclusion, ease in buying goods, and swift transaction times.
The European Union's DLT sandbox project has seen a utility in agriculture and environmental sustainability, with Agreena, an ag-tech company leveraging it.
Digital assets will soon be accessible to more Israelis following the endowment of the first capital markets license to a local exchange, whose eyes are set on launching a digital wallet.
Following rigorous planning and preparation, investment bank Nomura has entered the digital asset industry under a newly formed arm, focusing on trading, venture capital, and investment products.
The risks of investing in digital assets were highlighted once again following the charges slapped against a Utah man who allegedly scammed investors over $2 million through social media.
The HKMA has not yet issued a time frame, but experts believe that a full launch could take up to two years due to the amendments the legislature will have to make to give the CBDC legal backing.
South Korea stresses the need to uphold fair taxation principles as it busted digital asset investors who failed to settle taxes, with authorities netting nearly $200 million from the operations.
The use of digital assets in foreign transactions is set in stone, with Russia assuring that the move aligns with its AML policy while entities work with the central bank for smooth enforcement.
Iran is eager to make a name for itself in the global digital asset industry as it prepares for the phased adoption of its CBDC while Southeast Asia braces for more crackdowns as the market stumbles.
ASIC's executive director for markets expressed that the securities watchdog will not be "cheerleaders for crypto assets" and will be turning up the heat for the entire industry.
Amid its tumultuous ties with digital assets, India is positive that the public and private sectors will embrace the use of distributed ledgers in the future as it transitions into a digital society.
To uphold accountability, Indonesia is looking to appoint natives as directors of digital asset exchange firms, ensuring stakeholders of rapid action should the sector run into financial woes.
