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Business

DBS Bank floats digital yuan offering for corporate clients in China
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11 July, 2023

DBS Bank floats digital yuan offering for corporate clients in China

DBS Bank backs the mass adoption of China's CBDC, laying plans to launch a new offering that would allow mainland...
AI jobs dwarf Web3 postings even amid bearish sentiments
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11 July, 2023

AI jobs dwarf Web3 postings even amid bearish sentiments

Artificial intelligence continues to dominate the tech industry, with more people taking an interest in jobs related to this field...
Namibia passes bill to regulate local digital currency industry
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10 July, 2023

Namibia passes bill to regulate local digital currency industry

Under the new law, the country’s finance minister has the power to appoint entities to serve as the regulatory authority,...
NY Fed new proof of concept report tackles simulated CBDCs
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10 July, 2023

NY Fed new proof of concept report tackles simulated CBDCs

The Regulated Liability Network (RLN) might be integrated with commercial bank deposit tokens or a wholesale central bank digital currency...
Israel: Foreigners may be excluded from taxes on digital asset gains under new bill
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10 July, 2023

Israel: Foreigners may be excluded from taxes on digital asset gains under new bill

The bill passed a preliminary reading in parliament and will also lower taxes on digital asset options for employees as...
IMF: Authorities lost up to $323B in potential digital asset taxes in 2021
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10 July, 2023

IMF: Authorities lost up to $323B in potential digital asset taxes in 2021

IMF says tax systems have yet to evolve to cover digital assets, and the volatility, pseudonymity, and lack of global...
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