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09-22-2024
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author

David Abel is an economist, a finance expert, a crypto enthusiast, and an experienced writer. He sees blockchain and cryptocurrency as a sector with a lot of promise.

Article by David Abel

India plans progressive steps towards digital currency regulation
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20 November, 2021

India plans progressive steps towards digital currency regulation

Prime Minister Narendra Modi has hinted at the plans of the Indian government to take “progressive and “forward-looking” steps on...
Beijing earmarks $37M funding for blockchain platform, computing center
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15 November, 2021

Beijing earmarks $37M funding for blockchain platform, computing center

The "Beijing Municipal Experimental Blockchain Platform" project aims to store information of residents and city facilities and manage government affairs...
Digital currency eyed as payment option for workers in Brazil
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14 November, 2021

Digital currency eyed as payment option for workers in Brazil

Federal Deputy Luizão Goulart’s proposal seeks a new law that provides workers in Brazil the right to request digital currency...
Russia digital currency market growing despite regulatory inadequacy, exec says
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7 November, 2021

Russia digital currency market growing despite regulatory inadequacy, exec says

The Russian digital currency market is worth 20–40 trillion rubles, based on insights such as local cash flows related to...
Sri Lanka central bank completes blockchain-based KYC proof of concept
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5 November, 2021

Sri Lanka central bank completes blockchain-based KYC proof of concept

The Know-Your-Customer proof-of-concept project started in July 2019, while the development and testing of the experimental platform were completed on...
Beijing joins digital currency pilot testing with e-CNY enterprise zone
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2 November, 2021

Beijing joins digital currency pilot testing with e-CNY enterprise zone

An e-CNY enterprise zone is to be launched by the Municipal Administrative Center of Beijing to explore the digital renminbi...
Nigeria rolls out eNaira digital currency to cultivate economic growth
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30 October, 2021

Nigeria rolls out eNaira digital currency to cultivate economic growth

Plans for the digital currency have been ongoing in the last four years and according to CBN Governor Godwin Emefiele,...
China urges US companies to accept digital yuan
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27 October, 2021

China urges US companies to accept digital yuan

The digital yuan pilot started in Shanghai with 270 McDonald's branches accepting central bank digital currency as payment, although reports...
Russia’s Putin insists ‘too early’ to use digital currency for oil trading
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24 October, 2021

Russia’s Putin insists ‘too early’ to use digital currency for oil trading

The Russian government hasn't placed a total ban on digital currency in the country, but they have yet to accept...
South Korea’s digital currency tax battle may reach presidential election
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24 October, 2021

South Korea’s digital currency tax battle may reach presidential election

There have been some oppositions surrounding the new income tax law, with investors accusing the government of insufficient protective measures...
Zimbabwe finance minister sees potential for lower ‘diaspora remittances’ via blockchain
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17 October, 2021

Zimbabwe finance minister sees potential for lower ‘diaspora remittances’ via blockchain

In his recent tweet about the DMCC Crypto Centre in Dubai, Zimbabwe Finance Minister Mthuli Ncube commended the potential of...
Russia: Digital currency payments still banned, but trading allowed
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16 October, 2021

Russia: Digital currency payments still banned, but trading allowed

According to Russia's deputy finance minister, citizens can still buy and trade BTC, unlike in China, but the ban on...

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