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Regulation

BIS partners with Australia, Singapore on multi-CBDC platform pilot
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30 March, 2022

BIS partners with Australia, Singapore on multi-CBDC platform pilot

The Bank for International Settlements also partnered with South African and Malaysian central banks to develop the prototypes for an...
Bitcoin users to pay 30% digital currency tax in India from April 1
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29 March, 2022

Bitcoin users to pay 30% digital currency tax in India from April 1

The Indian Parliament passed the Finance Bill 2022-2023, which confirmed the 30% tax rate on all virtual digital assets (VDAs)...
Bank of England and FCA latest warnings and guidance target ‘crypto’ assets
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29 March, 2022

Bank of England and FCA latest warnings and guidance target ‘crypto’ assets

The BOE noted that digital currency would pose a risk to the wider financial system as the industry grows, while...
EU proposes new Regulation to enforce freedom of choice for app users
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29 March, 2022

EU proposes new Regulation to enforce freedom of choice for app users

The proposed Digital Markets Act aims to restrict large tech players from herding users towards dominant platforms, where users may...
Ireland central bank warns against ‘misleading’ digital asset ads
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29 March, 2022

Ireland central bank warns against ‘misleading’ digital asset ads

The Central Bank of Ireland issued its fresh warning on digital assets this week as part of Europe-wide campaign to...
OECD proposal for new rules on digital currency reporting now open for public comment
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28 March, 2022

OECD proposal for new rules on digital currency reporting now open for public comment

The OECD acknowledged that digital currencies bring new challenges to the current Common Reporting Standards used by tax authorities to...
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