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Finance

Hong Kong proposes tax breaks for digital assets
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8 November, 2024

Hong Kong proposes tax breaks for digital assets

Hong Kong is also rolling out a policy for adopting AI in finance to automate workflow and risk assessment, detect...
India mulls a digital asset ban, again
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7 November, 2024

India mulls a digital asset ban, again

In other news, in South Korea, the government is ramping up oversight over businesses that facilitate digital asset-based cross-border transfers...
Netherlands proposes new digital asset tax bill
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7 November, 2024

Netherlands proposes new digital asset tax bill

The new Dutch bill will be more transparent about the ownership of digital currencies to prevent tax evasion, and if...
Bank of England Governor supports wholesale and retail CBDCs
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6 November, 2024

Bank of England Governor supports wholesale and retail CBDCs

At the Group of Thirty's 39th Annual International Banking Seminar, BoE Governor Andrew Bailey emphasized the need to modernize payment...
Hong Kong eyes tokenization; Bolivia offers stablecoin custody
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6 November, 2024

Hong Kong eyes tokenization; Bolivia offers stablecoin custody

Hong Kong will integrate its tokenization platform with Brazil’s DREX CBDC network and Thailand’s Project San, which establishes a tokenization...
Stablecoins aren’t money, need strict regulation: US Treasury
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4 November, 2024

Stablecoins aren’t money, need strict regulation: US Treasury

The U.S. Treasury highlights the growing stablecoin market while pointing out the risks tied to these assets, including facilitating crime,...
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