Business

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market
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29 June, 2022

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market

Sopnendu Mohanty also said that the MAS would enforce a "painfully slow" and "extremely draconian due diligence process" for digital...
Philippines central bank studying blockchain tech to improve its financial market infrastructure
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29 June, 2022

Philippines central bank studying blockchain tech to improve its financial market infrastructure

The Bangko Sentral ng Pilipinas is exploring several key technologies to help it develop a new financial market infrastructure, including...
‘Rules of the road’ for digital asset industry must be established, US House subcommittee says
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28 June, 2022

‘Rules of the road’ for digital asset industry must be established, US House subcommittee says

The U.S. House Agriculture Committee’s Commodity Exchanges, Energy and Credit Subcommittee held a hearing on the future of digital asset...
Qatar Central Bank governor: Qatar is in ‘foundation stage’ of CBDC exploration
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28 June, 2022

Qatar Central Bank governor: Qatar is in ‘foundation stage’ of CBDC exploration

The QCB chief also commented on Qatar's plans for blockchain technology and digital currencies, noting that blockchain has the potential...
ECB head Christine Lagarde calls for regulation of staking and decentralized finance lending
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28 June, 2022

ECB head Christine Lagarde calls for regulation of staking and decentralized finance lending

While commending efforts made to regulate digital currencies in the EU's MiCA bill, the head of the European Central Bank...
India clarifies rules for filing controversial 1% TDS for digital assets
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28 June, 2022

India clarifies rules for filing controversial 1% TDS for digital assets

The circular from the CBDT amends the Income Tax rules to specify how firms and individuals should comply with the...