
Finance
South Korea’s major parties clash over 20% digital asset tax
The ruling People Power Party wants to postpone the 20% tax—scheduled to take effect in January 2025—to 2028, while the...
Financial industry to adopt blockchain in 2025: report
A survey by financial sector automation firm Quadient says the industry will integrate blockchain for financial transaction logging, reporting, and...
Digital currencies, companies demand tokenized assets: PwC
PwC reported that 41% of AWM clients had shown interest in 'security tokens' from the past year, while 25% of...
CFPB finalizes digital payments rule, excludes digital assets
In its original proposal, the CFPB wanted to oversee digital asset wallets, but after opposition from some lawmakers and industry...
Italy trims proposed 42% digital asset tax
Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...
BIS highlights DeFi’s role in liquidity; Malaysia eyes CBDC
The BIS highlights how DeFi democratizes the liquidity process, enabling investors to become liquidity providers; elsewhere, Malaysia looks into a...
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