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Finance

IRS issues new digital asset tax rules; industry groups sue
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2 January, 2025

IRS issues new digital asset tax rules; industry groups sue

The new IRS rules will take effect in 2027, but brokers must begin collecting and reporting the necessary data for...
Russia’s CBDC faces opposition; T-Bank dabbles in tokenization
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30 December, 2024

Russia’s CBDC faces opposition; T-Bank dabbles in tokenization

Consumer-to-business payments will be free over the next year, while B2B and C2C payments will be free permanently. Banks say...
Is RBI’s push for instant payments hindering CBDC adoption?
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28 December, 2024

Is RBI’s push for instant payments hindering CBDC adoption?

Despite India seeing CBDC as the future of money, the digital rupee struggles to gain a foothold in the country's...
India clamps down on digital fraud as cases rise in 2024
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27 December, 2024

India clamps down on digital fraud as cases rise in 2024

In 2024, India's digital asset and fintech ecosystem was shaken by digital frauds, with over $44 million lost in scams,...
Austrian bust $1.3M ‘crypto’ fraud; phishing scam targets Ledger
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27 December, 2024

Austrian bust $1.3M ‘crypto’ fraud; phishing scam targets Ledger

Police in Vienna busted the serial criminal exchanging fake cash for ‘crypto’ in what they dubbed Rip Deal 2.0; meanwhile,...
Germany passes MiCA implementation legislation at 11th hour
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26 December, 2024

Germany passes MiCA implementation legislation at 11th hour

While Scholz's coalition collapsed, Germany managed to pass FinmadiG, giving relief to digital asset players awaiting a solid groundwork for...
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