
Finance
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
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?
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
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
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
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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