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Business

Ireland central bank governor calls digital currencies ‘gambling,’ likens them to Ponzi schemes
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30 January, 2023

Ireland central bank governor calls digital currencies ‘gambling,’ likens them to Ponzi schemes

Echoing BoE Governor Andrew Bailey, Irish central bank's Gabriel Makhlouf warns about the volatility of digital currencies and has called...
Indonesia’s new law could see virtual currencies classified as securities
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30 January, 2023

Indonesia’s new law could see virtual currencies classified as securities

The new regulation signed into law on January 12 indicates that digital assets could be treated as securities, which meant...
Philippines securities watchdog new rules to clamp down on virtual currency bad actors
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30 January, 2023

Philippines securities watchdog new rules to clamp down on virtual currency bad actors

More stringent regulations may be heading toward the Philippines after the SEC bares its plan to ramp up surveillance of...
France adopts softer approach to digital asset regulations
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29 January, 2023

France adopts softer approach to digital asset regulations

Lawmakers in France voted for an amendment that gives VASPs more time to comply with European regulations, overturning a proposed...
South Africa agency tackling financial disputes now takes Bitcoin complaints
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29 January, 2023

South Africa agency tackling financial disputes now takes Bitcoin complaints

The FAIS Ombud will consider and resolve complaints relating to digital assets, but only if they happened after October 19,...
India’s TDS rule under fire as critics call for immediate reduction
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29 January, 2023

India’s TDS rule under fire as critics call for immediate reduction

The report claims that the existing 1% TDS rate is pushing numerous industry service firms out of the country, adding...
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