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author

Article by Steve Kaaru

CBDC among Federal Reserve’s key duties on payment systems
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19 March, 2024

CBDC among Federal Reserve’s key duties on payment systems

A document prepared by the Federal Reserve for presentation to Congress reveals that a CBDC is one of the key...
US copyright laws sufficient to handle NFT IP violations
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18 March, 2024

US copyright laws sufficient to handle NFT IP violations

U.S. copyright and trademark watchdogs noted that most NFT creators are unaware of their IP obligations, but they dismissed the...
Thailand issues tax exemption for investment tokens
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18 March, 2024

Thailand issues tax exemption for investment tokens

Thailand’s Cabinet will allow investors who have had their 15% capital gains tax deducted to exclude their investment token profits...
BNY Mellon, Goldman Sachs lead 45 institutions in testing interbank blockchain network
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16 March, 2024

BNY Mellon, Goldman Sachs lead 45 institutions in testing interbank blockchain network

Developed by Digital Asset Holdings, the Canton Network simulated 350 transactions on blockchain across tokenization, securities lending, digital cash, and...
Israel proposes for digital shekel to bear interest
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15 March, 2024

Israel proposes for digital shekel to bear interest

The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked to banks...
South Africa approves 59 VASP licenses
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15 March, 2024

South Africa approves 59 VASP licenses

South Africa’s FSCA has received 355 applications but has only approved 262, a higher number than was previously revealed, according...
UK widens digital asset money laundering rules to include NFTs
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15 March, 2024

UK widens digital asset money laundering rules to include NFTs

This week, the U.K. Treasury published a paper detailing proposed changes to ‘crypto’ supervision, expanding the FCA’s mandate and including...
London Stock Exchange to list digital asset ETNs after FCA approval
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15 March, 2024

London Stock Exchange to list digital asset ETNs after FCA approval

The Financial Conduct Authority announced on Monday that it would not object to digital asset exchange traded note listings on...
FDIC blasts US agencies’ closed-off regulatory approach
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14 March, 2024

FDIC blasts US agencies’ closed-off regulatory approach

FDIC Vice Chair Travis Hill blasted his agency and the SEC for their approach to digital assets, leaving no room...
Nigeria’s central bank partners with blockchain firm to spark eNaira adoption
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14 March, 2024

Nigeria’s central bank partners with blockchain firm to spark eNaira adoption

The Central Bank of Nigeria has signed an MoU with Gluwa to integrate the startup’s blockchain-powered credit technology into the...
Wyoming’s new law recognizes DAOs as non-profits
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14 March, 2024

Wyoming’s new law recognizes DAOs as non-profits

Governor Mark Gordon signed into law the DUNA Act, advancing Wyoming’s recognition of DAOs as non-profits whose legal responsibility is...
Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area
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14 March, 2024

Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area

Johnny Ng pitched the platform to China’s central political advisory body—the CPPCC National Committee—for blockchain firms in Hong Kong, Macao,...

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