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Business

New York digital assets bill targets blockchain’s Wild West attitudes
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9 May, 2023

New York digital assets bill targets blockchain’s Wild West attitudes

The draft bill seeks to amend New York's general business law, financial services law, and tax law with new specifications...
Kenya to tax digital assets, NFTs in proposed bill
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9 May, 2023

Kenya to tax digital assets, NFTs in proposed bill

Kenya will impose a 3% tax on the transfer of digital assets and NFTs under the proposed 2023 Financial Bill...
China’s $22M investment fund targets projects building in the metaverse
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9 May, 2023

China’s $22M investment fund targets projects building in the metaverse

Henan Cultural Tourism Investment Group's fund aims to promote Chinese culture and tourism using innovative technology like virtual reality and...
North Carolina bans CBDCs with passage of new bill
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9 May, 2023

North Carolina bans CBDCs with passage of new bill

The new bill by Republican lawmakers argues that an attempt to introduce CBDCs aims at “surveilling Americans and controlling behavior...
Reserve Bank of India, BIS unveil G20 TechSprint 2023 to improve state of cross-border CBDC
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8 May, 2023

Reserve Bank of India, BIS unveil G20 TechSprint 2023 to improve state of cross-border CBDC

The primary focus of the G20 TechSprint 2023 is foreign exchange liquidity, anti-money laundering (AML), and central bank digital currencies...
Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas
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8 May, 2023

Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas

The lawsuit should be dropped as its protocols were developed overseas, according to Terraform Labs. It had been sued for...
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