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Search Results for: central bank digital currency

South Africa’s digital assets taxation regime poses challenges to investors, legal expert says
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13 August, 2022

South Africa’s digital assets taxation regime poses challenges to investors, legal expert says

The South African Revenue Service defines digital assets as all items stored on a distributed ledger on decentralized networks, including...
Portuguese banks ban digital currency exchanges—regulatory compliance is crucial
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11 August, 2022

Portuguese banks ban digital currency exchanges—regulatory compliance is crucial

As the larger picture becomes clearer, we'll double down and repeat it: in the coming years, regulators will squeeze those...
Nepal central bank working on policy amendment for CBDC issuance
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11 August, 2022

Nepal central bank working on policy amendment for CBDC issuance

Revati Nepal, chief of the currency management department at the NRB, said that the draft bill would be forwarded to...
Portuguese banks close digital assets exchanges accounts despite central bank approval: report
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9 August, 2022

Portuguese banks close digital assets exchanges accounts despite central bank approval: report

The banks closing down digital assets firms' accounts include some of Portugal's biggest lenders, Banco Comercial Portugues (BCP) and Banco...
Uruguay central bank summons Binance over ‘crypto savings products’ offerings
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9 August, 2022

Uruguay central bank summons Binance over ‘crypto savings products’ offerings

Uruguay central bank is the latest authority to go after Binance, accusing the exchange of offering savings products that can...
Chinese municipal bank issues first digital yuan loan holding IP as collateral
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9 August, 2022

Chinese municipal bank issues first digital yuan loan holding IP as collateral

The Rural Commerce Bank of Zhangjiagang, located in China's Suzhou province, has issued the first-ever digital yuan loan backed by...
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