Business

India urged to hasten blockchain transition for administrative transparency
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6 February, 2023

India urged to hasten blockchain transition for administrative transparency

Silicon Valley venture capitalist Tim Draper believes that Web3 startups in India would play a major part in the adoption...
Philippines: PEZA records 83.69% increase in investment in January 2023
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6 February, 2023

Philippines: PEZA records 83.69% increase in investment in January 2023

Nineteen approved projects were the main drivers of the growth spike in the number of investments experienced in the economic...
Dungeons & Dragons backpedals on proposed NFT ban following community uproar
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5 February, 2023

Dungeons & Dragons backpedals on proposed NFT ban following community uproar

Several firms have abandoned plans to launch their Dungeons & Dragons-inspired digital collectibles following the announcement of a proposed ban...
Hong Kong Monetary Authority skeptical against algorithmic stablecoins
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5 February, 2023

Hong Kong Monetary Authority skeptical against algorithmic stablecoins

In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies
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5 February, 2023

Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies

Around 100 workers of Prime Trust were terminated as the firm faces financial woes brought about by COVID-19, with some...
India snubs plea to reduce tax burden in Union Budget 2023
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4 February, 2023

India snubs plea to reduce tax burden in Union Budget 2023

Existing laws on digital assets remain, including the 1% TDS, following the Union Budget, but key industry players remain hopeful...
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