Business

IRS bares new digital asset reporting form for US taxpayers
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23 April, 2024

IRS bares new digital asset reporting form for US taxpayers

Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell...
Hong Kong identifies pseudonymous validators as risk for banks using public blockchains
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23 April, 2024

Hong Kong identifies pseudonymous validators as risk for banks using public blockchains

While blockchain provides the utmost security, there are still some risks to look out for, including pseudonymous validators, which the...
Bipartisan AI Innovation bill introduced to US Senate
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23 April, 2024

Bipartisan AI Innovation bill introduced to US Senate

To avoid stifling innovation, U.S. lawmakers are pushing for a bill promoting government-private sector partnership in the AI industry, including...
EU is not so crypto-friendly, regulator warns
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23 April, 2024

EU is not so crypto-friendly, regulator warns

While much of the world is warming up with blockchain and digital currencies, laws targeting these industries in the EU...
New Zealand kicks off 100-day CBDC public consultation
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23 April, 2024

New Zealand kicks off 100-day CBDC public consultation

The Reserve Bank of New Zealand launched its first consultation in 2021, which focuses on principles and design options for...
PSAC outlines bold digital transformation strategies for President Marcos
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23 April, 2024

PSAC outlines bold digital transformation strategies for President Marcos

PSAC presented a strategic proposal to President Ferdinand Marcos Jr. that aims to enhance internet connectivity in the Philippines and...