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09-20-2024
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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

Central Africa’s regional bank regulator reminds member states of digital currency ban
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19 May, 2022

Central Africa’s regional bank regulator reminds member states of digital currency ban

COBAC reiterated that the ban was put in place to ensure financial stability in the region, and as part of...
Iran blocks 9000+ bank accounts over suspicious digital and foreign currency transactions
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19 May, 2022

Iran blocks 9000+ bank accounts over suspicious digital and foreign currency transactions

The Iranian Ministry of Intelligence stated that the total transaction blocked was over $60 trillion tomans, but the amount attributed...
CFTC taps new adviser with digital currency regulation experience
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19 May, 2022

CFTC taps new adviser with digital currency regulation experience

CFTC Commissioner Caroline D. Pham has appointed Keaghan Ames as counselor & senior policy advisor. Ames has experience in advising...
Federal judge approves DOJ prosecution of US citizen who sent BTC to a sanctioned country
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18 May, 2022

Federal judge approves DOJ prosecution of US citizen who sent BTC to a sanctioned country

The Justice department’s complaint involves a U.S. citizen accused of transmitting more than $10 million worth of BTC to a...
South Korea to begin enforcing digital currency regulatory framework by 2024: report
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18 May, 2022

South Korea to begin enforcing digital currency regulatory framework by 2024: report

A document titled the 'National Task Implementation Plan' confirmed that South Korean President Yoon Suk-yeol is looking to introduce the...
China: Court classifies Bitcoin as virtual property and protected by law
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18 May, 2022

China: Court classifies Bitcoin as virtual property and protected by law

According to a local news outlet, the court made the statement in a case reference book it shared via WeChat...
Coin Signals trader gets 3-year prison term over $5M digital currency scam
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17 May, 2022

Coin Signals trader gets 3-year prison term over $5M digital currency scam

Jeremy Spence, aka 'Coin Signals,' has been sentenced to 42 months in federal prison after he was found guilty of...
Jerome Powell confirmed to continue as US Federal Reserve chairman
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17 May, 2022

Jerome Powell confirmed to continue as US Federal Reserve chairman

Jerome Powell has been confirmed to continue as the chairman of the United States Federal Reserve Bank, garnering 80-19 votes...
Central Bank of Chile prolongs plans to issue CBDC
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16 May, 2022

Central Bank of Chile prolongs plans to issue CBDC

The BCC says it needs to gather more information and would be conducting a series of "seminars, presentations, and meetings...
FASB makes setting digital currency accounting rules for companies a priority
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16 May, 2022

FASB makes setting digital currency accounting rules for companies a priority

In its recent board meeting, the non-profit organization discussed the addition of a project to review "accounting for exchange-traded digital...
Germany won’t tax digital currency held for 1 year
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15 May, 2022

Germany won’t tax digital currency held for 1 year

Most notably, the new laws stipulate that Germany will not impose a capital gains tax on the sale of BTC...
Majority of Vietnamese blockchain firms are headquartered abroad: report
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15 May, 2022

Majority of Vietnamese blockchain firms are headquartered abroad: report

While being one of the highest adopters of digital currencies, Vietnam is not the friendliest jurisdiction for digital currency and...

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