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author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned
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19 January, 2023

Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned

Shaktikanta Das, head of the Reserve Bank of India, says that the best way to regulate the industry is to...
Tanzania opts for ‘cautious’ approach in its CBDC development
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19 January, 2023

Tanzania opts for ‘cautious’ approach in its CBDC development

Bank of Tanzania stated that while CBDCs offer myriad benefits, there are still major pitfalls that could adversely affect the...
Thailand central bank to allow digital banks to operate by 2025
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19 January, 2023

Thailand central bank to allow digital banks to operate by 2025

Assistant Gov. Tharith Panpiemras revealed that virtual banks would be regulated in the same manner as traditional financial institutions, including...
European law enforcement unravels digital asset scam ring
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18 January, 2023

European law enforcement unravels digital asset scam ring

The raid resulted in the seizure of $1 million worth of digital assets, luxury apartments, and three cars, with over...
Philippines central bank pushes through with wholesale CBDC plans to improve payments
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17 January, 2023

Philippines central bank pushes through with wholesale CBDC plans to improve payments

Bangko Sentral ng Pilipinas said it will not be exploring the retail version of its central bank digital currency but...
Samsung’s investment arm keen on offering spot digital currency ETFs to Hong Kong investors
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17 January, 2023

Samsung’s investment arm keen on offering spot digital currency ETFs to Hong Kong investors

Sam Park, CEO of Samsung Asset Management in Hong Kong, expressed optimism that the city-state will soon give the green...
Jack Ma cedes control of Ant Group following a massive corporate restructuring
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17 January, 2023

Jack Ma cedes control of Ant Group following a massive corporate restructuring

Other changes to Ant Group’s structure include increasing independent directions and forming three sub-committees bordering on risk management, consumer rights,...
Bitconnect promoter ordered to pay $17M to 800 fraud victims
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16 January, 2023

Bitconnect promoter ordered to pay $17M to 800 fraud victims

The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
People’s Bank of China currency report now includes digital yuan
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16 January, 2023

People’s Bank of China currency report now includes digital yuan

Including digital yuan data in the final report is a clear statement of intent by the PBoC to move with...
UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion
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16 January, 2023

UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion

Venom Ventures Funds (VVF) describes itself as a “blockchain-agnostic” fund “determined to make a meaningful impact by leveraging its financial...
India’s CoinSwitch adds non-digital currency products amid stern tax policies
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15 January, 2023

India’s CoinSwitch adds non-digital currency products amid stern tax policies

The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed...
Hong Kong wants retail investors access limited to ‘highly liquid’ products
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15 January, 2023

Hong Kong wants retail investors access limited to ‘highly liquid’ products

The new trading restriction will take effect once the new licensing regime for digital assets passes in June.

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