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09-21-2024
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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

Australia’s CBDC research to include 1-year ‘limited scale’ pilot for digital currency
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15 August, 2022

Australia’s CBDC research to include 1-year ‘limited scale’ pilot for digital currency

The Reserve Bank of Australia said the project would essentially evaluate the economic benefits and risks of launching a central...
Nvidia unveils new tools for metaverse push
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14 August, 2022

Nvidia unveils new tools for metaverse push

Nvidia has unveiled updates for Omniverse, its real-time graphics collaboration platform, that will facilitate the creation of more realistic metaverse...
PwC Middle East proposes 3-stage facilitative model for digital asset regulation in the UAE
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14 August, 2022

PwC Middle East proposes 3-stage facilitative model for digital asset regulation in the UAE

The three-stage facilitative model includes establishing clear and comprehensive regulations, pushing for industry self-regulation, and collaborating with international partners.
Thailand eyes broadening digital assets regulations to give central bank more oversight: report
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14 August, 2022

Thailand eyes broadening digital assets regulations to give central bank more oversight: report

The plan will make the Bank of Thailand a second digital assets industry oversight body following the SEC, which is...
SBI Group to offer OTC derivatives trading in US after CFTC approval
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14 August, 2022

SBI Group to offer OTC derivatives trading in US after CFTC approval

SBI Group confirmed that Clear Markets North America Inc., the U.S. subsidiary of Clear Markets, has gotten approval from the...
IRS court filings pursue SFOX to turn in user details for tax auditing
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13 August, 2022

IRS court filings pursue SFOX to turn in user details for tax auditing

The filings also mention M.Y. Safra Bank, which partnered with SFOX in 2019 to offer its customers cash deposit accounts...
Digital assets’ role in the metaverse poses risks to financial stability: BOE researchers
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13 August, 2022

Digital assets’ role in the metaverse poses risks to financial stability: BOE researchers

Bank of England researchers Owen Lock and Teresa Cascino highlighted how digital assets growing interconnectedness with metaverses could put bank...
South Africa’s digital assets taxation regime poses challenges to investors, legal expert says
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13 August, 2022

South Africa’s digital assets taxation regime poses challenges to investors, legal expert says

The South African Revenue Service defines digital assets as all items stored on a distributed ledger on decentralized networks, including...
Samsung signs MoU deal to give new NFT project offline utility
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13 August, 2022

Samsung signs MoU deal to give new NFT project offline utility

Holders of the Samsung NFTs can access discounts when they finalize the purchase of the company's Galaxy S22 series and...
UK advertising watchdog upholds complaint of ‘irresponsible’ fan token ads against Arsenal
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12 August, 2022

UK advertising watchdog upholds complaint of ‘irresponsible’ fan token ads against Arsenal

The latest post explains that the first ads breached several CAP code rules, like misleading advertising, qualification, financial products, and...
UAE new reporting requirements targets real estate transactions settled with digital currencies
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12 August, 2022

UAE new reporting requirements targets real estate transactions settled with digital currencies

The rules are targeted at clamping down on money laundering and terrorism financing, according to a statement by the UAE...
South Korea’s tax agency vows to tighten digital assets tax evasion loopholes
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11 August, 2022

South Korea’s tax agency vows to tighten digital assets tax evasion loopholes

The NTS is also looking into individuals using digital assets to evade inheritance and gift taxes, as well as online...

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