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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 lists CBDC introduction as one of major initiatives for 2022-23
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1 June, 2022

Reserve Bank of India lists CBDC introduction as one of major initiatives for 2022-23

In its annual report published recently, the Reserve Bank of India proposed a three-stage "graded approach" to introduce a central...
Thailand scraps VAT for digital currency transfers until 2024
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1 June, 2022

Thailand scraps VAT for digital currency transfers until 2024

Authorities in Thailand have formally introduced a seven percent value-added tax exemption for transfers of digital currencies made on government-registered...
US senators propose to bar apps supporting digital yuan payments from app stores
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31 May, 2022

US senators propose to bar apps supporting digital yuan payments from app stores

U.S. senators have proposed a bill that will prohibit application stores like Google and Apple from hosting apps supporting digital...
Brazil’s regulator now requires tax payments on digital currency transactions
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31 May, 2022

Brazil’s regulator now requires tax payments on digital currency transactions

The law specifies that any profit made from the transaction is taxable even when digital currency transactions do not involve...
Philippines: Finance department proposes to clarify digital currency taxation rules by 2024
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31 May, 2022

Philippines: Finance department proposes to clarify digital currency taxation rules by 2024

The finance department says the details of its plans are yet to be decided, but with the incoming government's blessings,...
South Korea looking to tighten supervision of digital currency exchanges
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31 May, 2022

South Korea looking to tighten supervision of digital currency exchanges

The country's parliament plans to introduce laws that will increase the supervision of digital currency exchanges, as discussed during a...
China’s supreme court proposes to integrate blockchain into the judicial system
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31 May, 2022

China’s supreme court proposes to integrate blockchain into the judicial system

In the document it released on May 25, the Supreme People's Court of China outlined that the proposal could accelerate...
Nvidia shares tumble after pessimistic Q1 revenue forecast
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30 May, 2022

Nvidia shares tumble after pessimistic Q1 revenue forecast

Nvidia also reported that its digital currency-specific products drove a 52% decline in other revenue, given that their revenue during...
Twitter agrees to $150M settlement with DOJ and FTC over privacy breach
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30 May, 2022

Twitter agrees to $150M settlement with DOJ and FTC over privacy breach

The U.S. federal agencies alleged that the popular social media platform violated the FTC Act by deceiving users about the...
Russia removes tax amnesty from drafted block reward mining bill
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30 May, 2022

Russia removes tax amnesty from drafted block reward mining bill

Russia's State Duma has revised several draft block reward mining bill provisions, and one of these is a proposed one-year...
Central African Republic to launch official digital currency hub
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30 May, 2022

Central African Republic to launch official digital currency hub

According to a 24-page presentation for the initiative, Sango will be a ‘crypto’ island where digital currency trading will have...
Portugal’s parliament rejects proposals to tax digital currencies
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30 May, 2022

Portugal’s parliament rejects proposals to tax digital currencies

The proposals were brought by two left-wing minority parties, Block de Esquerda and Livre—with Livre seeking to tax gains above...

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