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Finance

Italy trims proposed 42% digital asset tax
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27 November, 2024

Italy trims proposed 42% digital asset tax

Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...
BIS highlights DeFi’s role in liquidity; Malaysia eyes CBDC
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27 November, 2024

BIS highlights DeFi’s role in liquidity; Malaysia eyes CBDC

The BIS highlights how DeFi democratizes the liquidity process, enabling investors to become liquidity providers; elsewhere, Malaysia looks into a...
European Investment Bank issues €105M digital bond on HSBC Orion
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26 November, 2024

European Investment Bank issues €105M digital bond on HSBC Orion

Elsewhere, SBI and UBS have launched a pilot utilizing smart contracts to automate the administration of tokenized funds under Singapore’s...
Japan seeks approval for $141B economic stimulus package
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25 November, 2024

Japan seeks approval for $141B economic stimulus package

The Japanese gov't seeks approval for a JPY21.9 trillion economic stimulus package, which will likely include energy subsidies and tax...
India discussing Unified Payments Interface expansion: RBI
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25 November, 2024

India discussing Unified Payments Interface expansion: RBI

Introduced in 2016, UPI has emerged as the most preferred method of retail payments in India, with a 79.6% share...
Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters
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25 November, 2024

Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters

Nepal struggles to contain the rising number of fraud cases involving the digital asset class; elsewhere, South Korea's Paju City...
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