Finance

Is mBridge linked to the long-awaited BRICS payment solution?
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8 November, 2024

Is mBridge linked to the long-awaited BRICS payment solution?

A week after the BRICS Summit in Kazan, the BIS handed over the mBridge cross-border settlement system to the central...
Brazil’s digital asset imports surge by 60%
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8 November, 2024

Brazil’s digital asset imports surge by 60%

Brazilians made digital asset payments worth $1.4 billion in September, bringing this year’s total to $13.8 billion and already surpassing...
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...
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