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09-22-2024
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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

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms
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1 November, 2022

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms

In an effort to regain retail traders' trust, Hong Kong has imposed a mandatory licensing program for digital asset service...
Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub
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1 November, 2022

Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub

Costa Rican lawmakers said the proposed bill, which seeks to eradicate taxes in the asset class, will allow digital asset...
China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
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1 November, 2022

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...
Visa delves deeper into virtual currencies with trademark applications
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1 November, 2022

Visa delves deeper into virtual currencies with trademark applications

Competition in the payments industry heats up as Visa looks to become a key player in the digital asset sector,...
Turkey’s central bank set to launch state-backed digital currency in 2023
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31 October, 2022

Turkey’s central bank set to launch state-backed digital currency in 2023

Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...
UAE central bank completes CBDC pilot, eyes international usage for cross-border payments
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30 October, 2022

UAE central bank completes CBDC pilot, eyes international usage for cross-border payments

Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
Nigeria resorts to auto rickshaws to drive eNaira adoption
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30 October, 2022

Nigeria resorts to auto rickshaws to drive eNaira adoption

The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing...
Vietnam PM calls for more detailed digital currency regulation
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29 October, 2022

Vietnam PM calls for more detailed digital currency regulation

Prime Minister Pham Minh Chinh is calling for action as he believes “it is necessary to study appropriate sanctions, and...
Western Union files trademark applications as it seeks to foray into digital asset sector
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29 October, 2022

Western Union files trademark applications as it seeks to foray into digital asset sector

Western Union appears to be preparing to enter the digital asset sector by filing three trademark applications, joining competitors Mastercard,...
Australia’s stance on BTC may have dire tax implications for investors: report
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29 October, 2022

Australia’s stance on BTC may have dire tax implications for investors: report

Digital currency investors in Australia will be mandated to pay capital gain tax from their asset sales after the government...
Singapore mulls ban on virtual asset trading amid sweeping changes
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28 October, 2022

Singapore mulls ban on virtual asset trading amid sweeping changes

Digital asset firms decry Singapore's proposal to introduce new regulations and ban credit for retail investors, saying that the move...
Israel taps blockchain tech for digital asset trading platform
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28 October, 2022

Israel taps blockchain tech for digital asset trading platform

Israel's stock exchange ventures in digital asset trading under a new platform that utilizes blockchain technology, which it says will...

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