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Search Results for: central bank digital currency

Thai tax agency to finalize digital currency tax guidelines in January 2022
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14 January, 2022

Thai tax agency to finalize digital currency tax guidelines in January 2022

Thai taxman expects to impose a 15% withholding tax on digital currency profits but will hold a public hearing to...
India’s central bank sets up fintech department to oversee CBDC development
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13 January, 2022

India’s central bank sets up fintech department to oversee CBDC development

The department will promote innovation and aid policy interventions by the central bank while also overseeing the advancement of a...
Will China’s digital yuan unseat the US dollar?
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12 January, 2022

Will China’s digital yuan unseat the US dollar?

The U.S. dollar makes up 51% of central bank reserves, while the CNY only takes up 2%. Also, the U.S....
Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether
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11 January, 2022

Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether

UST, originally created to withstand up to 91% of the decline in value of LUNA (according to Terra white paper),...
More investments in digital assets expected as German legislation encourages interest from DACH investment funds
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7 January, 2022

More investments in digital assets expected as German legislation encourages interest from DACH investment funds

Scientists from MINDSMITH, OnGrid System, DEKIS, and Tiger.Trade carried out a study regarding investment funds, digital assets, and DeFi solutions,...
More and more countries are banning digital currencies—which ones and why?
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6 January, 2022

More and more countries are banning digital currencies—which ones and why?

The Library of Congress report shows that the number of countries that banned digital currencies has doubled in three years;...
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