Business

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...
UK on the hunt for CBDC lead as it ramps up digital pound efforts
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28 January, 2023

UK on the hunt for CBDC lead as it ramps up digital pound efforts

U.K. Treasury is looking for a Head of Central Bank Digital Currency who will lead its work on a potential...
Ira Kleiman tells Florida court that Roche Freedman’s representation was ‘inadequate’
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28 January, 2023

Ira Kleiman tells Florida court that Roche Freedman’s representation was ‘inadequate’

Ira Kleiman has been angling for a do-over ever since his years-long, multi-billion dollar piece litigation against Bitcoin creator Dr....
Japan’s FSA to lift ban on foreign stablecoins by June 2023
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28 January, 2023

Japan’s FSA to lift ban on foreign stablecoins by June 2023

The Financial Services Agency said that work is currently underway to allow the domestic distribution of stablecoins in the country...
Saudi Arabia’s central bank studying CBDC but mum on deployment date
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28 January, 2023

Saudi Arabia’s central bank studying CBDC but mum on deployment date

Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies
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28 January, 2023

Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies

Shanmugaratnam warned regulators about legitimizing "speculative" digital assets but stressed that he wouldn't hinder consumers from participating in activities tied...
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