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Business

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders
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5 July, 2023

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders

The Finance Bill has come under heavy criticism for its new taxes, including a 3% tax on digital asset sales,...
Ayre Ventures looking for companies ready to ride the wave of BSV blockchain adoption
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5 July, 2023

Ayre Ventures looking for companies ready to ride the wave of BSV blockchain adoption

The third day of the London Blockchain Conference 2023 saw a presentation by Ayre Venture's Paul Rajchgod on "The Wave...
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
China Mobile establishes metaverse alliance amid several big tech operations
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5 July, 2023

China Mobile establishes metaverse alliance amid several big tech operations

One of the alliance's objectives is to improve metaverse development in China; it also plans to create an investment fund...
European Commission publishes digital euro bill, gives green light to ECB
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4 July, 2023

European Commission publishes digital euro bill, gives green light to ECB

The European Commission’s bill underpins the right of every resident in the eurozone to pay for free with the digital...
Slovakia slashes digital asset taxes to 7%
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4 July, 2023

Slovakia slashes digital asset taxes to 7%

The National Council of Slovakia voted 112-2 in favor of the amendment, which will lower the taxes from a maximum...
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