Business

Hong Kong’s digital banks urged to improve services for Web3 firms
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15 August, 2024

Hong Kong’s digital banks urged to improve services for Web3 firms

Hong Kong Legislative Council member Johnny Ng Kit-Chong noted that streamlining banking services in Hong Kong will attract global Web3...
47 VASPs have applied for licensing in Turkey: Capital Markets Board
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14 August, 2024

47 VASPs have applied for licensing in Turkey: Capital Markets Board

Under the country’s capital markets law, which took effect a month ago, 47 virtual asset service providers are currently awaiting...
BTC block reward miners drowning in red ink as chasing the green gets harder
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14 August, 2024

BTC block reward miners drowning in red ink as chasing the green gets harder

The economic outlook for block reward mining in the U.S. is getting grimmer each day, with numerous miners registering plummeting...
Thailand SEC launches digital asset regulatory sandbox
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14 August, 2024

Thailand SEC launches digital asset regulatory sandbox

The new sandbox in the country will cover dealers, exchanges, brokers, advisors, fund managers and wallet providers, who must first...
India should target $500B in electronics manufacturing, create 6M jobs by 2030: NITI Aayog
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14 August, 2024

India should target $500B in electronics manufacturing, create 6M jobs by 2030: NITI Aayog

The $500 billion target comprises $350 billion from finished goods manufacturing and $150 billion from components manufacturing, NITI Aayog said.
IRS updated digital asset tax form ditches wallet address, transaction ID requirements
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14 August, 2024

IRS updated digital asset tax form ditches wallet address, transaction ID requirements

Apart from dropping the submission of wallet addresses and transaction IDs, the IRS will no longer require investment time transactions...
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