Finance

Zimbabwe’s currency crisis worsens as illegal traders flourish
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10 January, 2025

Zimbabwe’s currency crisis worsens as illegal traders flourish

Zimbabwe introduced its ZiG currency last April, but it’s been disastrous since, and as the exchange rate dips, citizens are...
Luxembourg’s Blockchain Law 4 eases DLT securities issuance
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9 January, 2025

Luxembourg’s Blockchain Law 4 eases DLT securities issuance

The fourth blockchain law seeks to make Luxembourg the easiest jurisdiction to issue digital securities in Europe, eliminating the existing...
India delays UPI market share cap deadline by 2 years
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9 January, 2025

India delays UPI market share cap deadline by 2 years

Digital payment firms must not exceed a 30% share of the transactions in UPI, according to the National Payments Corporation...
South Korea explores ‘crypto’ spot ETFs, security token sales
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9 January, 2025

South Korea explores ‘crypto’ spot ETFs, security token sales

Elsewhere, Morgan Stanley is weighing adding digital assets to its E*Trade online brokerage in anticipation of an investor rush as...
Reserve Bank of India warns of digital asset threat to financial stability
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8 January, 2025

Reserve Bank of India warns of digital asset threat to financial stability

The RBI has long been suspicious about digital assets, with the International Monetary Fund and the Financial Stability Board only...
India’s exchanges face consolidation in 2025 due to harsh taxation
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8 January, 2025

India’s exchanges face consolidation in 2025 due to harsh taxation

With India remaining skeptical toward digital currencies, the exchanges' clamor for tax relief isn't guaranteed, with industry players projecting intensified...
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