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Turkey’s central bank set to launch state-backed digital currency in 2023
Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...
IRS expands digital assets tax category to include NFTs
The IRS has amended “virtual currency” to “digital assets” in the 2022 tax year draft instructions, expanding the category to...
UAE central bank completes CBDC pilot, eyes international usage for cross-border payments
Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
Nigeria resorts to auto rickshaws to drive eNaira adoption
The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing...
Vietnam PM calls for more detailed digital currency regulation
Prime Minister Pham Minh Chinh is calling for action as he believes “it is necessary to study appropriate sanctions, and...
Western Union files trademark applications as it seeks to foray into digital asset sector
Western Union appears to be preparing to enter the digital asset sector by filing three trademark applications, joining competitors Mastercard,...
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