Central Bank of Chile prolongs plans to issue CBDC
The BCC says it needs to gather more information and would be conducting a series of "seminars, presentations, and meetings with different counterparts."
The BCC says it needs to gather more information and would be conducting a series of "seminars, presentations, and meetings with different counterparts."
In its recent board meeting, the non-profit organization discussed the addition of a project to review "accounting for exchange-traded digital assets and commodities."
Most notably, the new laws stipulate that Germany will not impose a capital gains tax on the sale of BTC and ETH held for more than one year.
While being one of the highest adopters of digital currencies, Vietnam is not the friendliest jurisdiction for digital currency and blockchain firms, according to local reports.
The FCA didn't mention specific offenders and stated that the reminder had been necessitated by a growing number of social media posts related to digital currencies and NFTs.
Bahamas' central bank digital currency currently makes up about 0.1% of the country's money supply, prompting the IMF to recommend that the Caribbean country accelerate its CBDC education campaign and expand its capacity.
Officials of the EU are kicking against the proposal to ban digital currency services. According to reports, some officials state that there are serious doubts about maintaining a blacklist.
The bills are highlighted in The Queen's Speech 2022, delivered during the State Opening of Parliament and published by the Prime Minister's office.
House Bill 335, which was first introduced in February, mandates the task force to work on policy recommendations for the state's adoption of digital currency and blockchain technology.
The public said that a digital shekel would reduce reliance on cash and advance the fintech industry, but the BOI has still not decided whether it will issue the CBDC.
In the email, Google Cloud's Vice President Amit Zavery said that the team had been necessitated by high demand and tremendous market potential for Web 3 services.
90% of 81 central banks are at various stages of development of a digital currency, according to a recently published survey conducted by the Bank for International Settlements.