
Finance
US progress bill to repeal controversial digital asset tax rule
The IRS regulation intends to include decentralized exchanges and requires brokers to disclose gross proceeds from digital asset sales.
Middle East, African SMEs register digital payments growth
Mastercard’s latest SME report revealed that in some countries like Nigeria, 99% of SMEs accept digital payments, with the UAE...
Ghana launches CBDC; BIS says CBDCs will keep stablecoins at bay
Ghana lags behind neighboring Nigeria in the CBDC race but says it’s ready to launch the e-Cedi this year; BIS...
Japan may change digital asset classification to ‘investments’
Japan's FCA proposed to place digital or "crypto" assets under the Financial Instruments and Exchange Act, similar to company shares.
Digital euro project expands while US remains against CBDC
While the U.S. remains adamant about adopting a digital dollar, Europe advances its CBDC project, expanding it to settle transactions...
Round-up of the week’s biggest blockchain news
The blockchain and digital asset space flourishes in the finance sector with new stablecoin projects, tokenized bonds, and developments in...
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