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Business

UK’s new tax break on digital assets seeks to attract foreign investors
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4 January, 2023

UK’s new tax break on digital assets seeks to attract foreign investors

The Rishi Sunak government will implement a tax exemption for foreign investors who purchase digital assets through local investment brokers...
Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review
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4 January, 2023

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco lifted the ban on digital assets, Kenya is now taxing Bitcoin, Nigeria drafted its first law recognizing Bitcoin, Zambia...
SmartLedger turns its attention to the Middle East, launches new hub in Dubai
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4 January, 2023

SmartLedger turns its attention to the Middle East, launches new hub in Dubai

The new hub, dubbed "Blockchain Smart Technologies," will operate as SmartLedger's subsidiary covering North Africa, The Middle East, South East...
Hong Kong financial services firms gearing up to secure licenses from SFC
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4 January, 2023

Hong Kong financial services firms gearing up to secure licenses from SFC

The application for the new licensing requirement is expected to start on June 1, but the Securities and Futures Commission...
Digital ruble bill submitted to Russia’s State Duma
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4 January, 2023

Digital ruble bill submitted to Russia’s State Duma

The new draft bill seeks to make the Bank of Russia the “sole operator” of the digital ruble to the...
Turkey completes phase 1 of digital lira pilot, pledges to push ahead in 2023
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4 January, 2023

Turkey completes phase 1 of digital lira pilot, pledges to push ahead in 2023

The Turkish central bank announced that it had conducted the first successful transactions on the digital lira and said it...
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