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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

RBI collaborating with top banks for blockchain-based trade financing pilot project
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29 June, 2022

RBI collaborating with top banks for blockchain-based trade financing pilot project

Top banks currently involved in the pilot include HDFC Bank, ICICI Bank, and State Bank of India (SBI). Axis Bank,...
Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market
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29 June, 2022

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market

Sopnendu Mohanty also said that the MAS would enforce a "painfully slow" and "extremely draconian due diligence process" for digital...
Philippines central bank studying blockchain tech to improve its financial market infrastructure
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29 June, 2022

Philippines central bank studying blockchain tech to improve its financial market infrastructure

The Bangko Sentral ng Pilipinas is exploring several key technologies to help it develop a new financial market infrastructure, including...
Qatar Central Bank governor: Qatar is in ‘foundation stage’ of CBDC exploration
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28 June, 2022

Qatar Central Bank governor: Qatar is in ‘foundation stage’ of CBDC exploration

The QCB chief also commented on Qatar's plans for blockchain technology and digital currencies, noting that blockchain has the potential...
ECB head Christine Lagarde calls for regulation of staking and decentralized finance lending
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28 June, 2022

ECB head Christine Lagarde calls for regulation of staking and decentralized finance lending

While commending efforts made to regulate digital currencies in the EU's MiCA bill, the head of the European Central Bank...
India clarifies rules for filing controversial 1% TDS for digital assets
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28 June, 2022

India clarifies rules for filing controversial 1% TDS for digital assets

The circular from the CBDT amends the Income Tax rules to specify how firms and individuals should comply with the...
BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments
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27 June, 2022

BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments

In a research report, the BISIH highlighted results achieved from four recent cross-border multiple CBDC platform pilot projects the BIS...
Chinese court ruling invalidates 2019 car sale contract settled with digital currency
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26 June, 2022

Chinese court ruling invalidates 2019 car sale contract settled with digital currency

Shanghai Fengxian People's Court said in its ruling that using the digital token instead of fiat money made the sales...
BitOasis exchange lays off employees amid market downturn
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25 June, 2022

BitOasis exchange lays off employees amid market downturn

BitOasis disclosed laying off about five percent of its employees, which the CEO and Co-Founder, Ola Doudin, said is equivalent...
Tencent forms ‘extended reality’ unit to further metaverse development
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25 June, 2022

Tencent forms ‘extended reality’ unit to further metaverse development

The unit will be headed by Tencent Games Global's Chief Technology Officer Li Shen and will be part of the...
Iran to cut power supply of legal block reward miners starting July
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24 June, 2022

Iran to cut power supply of legal block reward miners starting July

All the 118 registered block reward mining complexes in the country are to suspend their connection to the grid, according...
Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam
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24 June, 2022

Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam

According to Nikkei, the two countries are revamping their CBDCs efforts in response to the growing popularity of Chinese payments...

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