India’s billionaire banker, markets regulator, open up on digital currency

    coingeek 2024-03-19 41632 views Trending
    ​Uday Kotak, the founder of India’s third largest private bank, Kotak Mahindra, has labeled digital currency as an “alternate market currency,” even as the nation’s Finance Minister,Nirmala Sitharaman, made it clear that digital currency cannot be a legal currency.

    Thailand issues tax exemption for investment tokens

    coingeek 2024-03-18 51640 views Trending
    ​Thailand has announced tax exemptions for investment token holders as it seeks to boost local capital-raising efforts.The country’s Cabinet approved a royal decree in its Revenue Code that will make holding investment tokens more lucrative. Under the decree, investors who generate income, profits, or any other benefits by holding investment tokens from local businesses can exclude such income when calculating their income tax as long as they have had their 15% withholding tax deducted.

    Bitcoin’s sudden 7% retreat sees $660M in liquidations over a day

    cointelegraph 2024-03-15 76067 views Trending
    Some suggest a waning ETF narrative and economic data from the United States may have sparked the sudden crypto sell-off.

    Elon Musk: Dogecoin will be used to buy Teslas ’at some point’

    cointelegraph 2024-03-14 70176 views Trending
    Musk started advocating for Dogecoin after receiving requests from Tesla factory employees and SpaceX visitors to include the memecoin as an official mode of payment.

    Hong Kong to trial wholesale CBDC in interbank settlements

    coingeek 2024-03-13 32830 views Trending
    ​Following early successes with asset tokenization, the Hong Kong Monetary Authority (HKMA) has announced plans to proceed with a wholesale central bank digital currency (CBDC) to further its ambitions.

    Oregon lawmakers crack down on AI misuse in political campaigns

    coingeek 2024-03-12 32071 views Trending
    Lawmakers in the U.S. state of Oregon have turned their sights on political actors abusing artificial intelligence (AI), pledging to roll out stringent legislation in the coming weeks.

    BRICS eye stifling US dollar influence with blockchain-based payment system

    coingeek 2024-03-10 74643 views Trending
    Global intergovernmental organization BRICS is bracing for the launch of a cross-border payment system based on the concept of digital currencies and blockchain technology.

    Russia’s CBDC pilot hits 25,000 transaction mark

    coingeek 2024-03-08 72489 views Trending
    Russia’s plan to introduce a central bank digital currency (CBDC) has hit another milestone after officials confirmed the completion of 25,000 digital ruble transactions.

    Hong Kong to launch stablecoin sandbox in Web3 push

    coingeek 2024-03-07 53832 views Trending
    Hong Kong has pledged to continue supporting digital assets, with the latest budget revealing plans to launch a stablecoin sandbox to support issuers.

    Is the Bitcoin halving the right time to invest in BTC?

    cointelegraph 2024-03-06 38587 views Trending
    While Bitcoin’s pre-halving rallies are historically profitable for investors, analysts expect the biggest gains to come after the halving, with some eyeing $130,000 to $180,000 by the end of 2025.

    Bitcoin passes new all-time high in euros as price reaches $65K

    cointelegraph 2024-03-05 53345 views Trending
    Bitcoin has passed a new all-time high against the euro, breaking a value of 60,000 euros for the first time in history.

    Nigerian committee summons Binance CEO over financial crime suspicions

    cointelegraph 2024-03-04 54238 views Trending
    The committee’s Chair, Ginger Onwusibe, warned that if Binance ignores the summons, the committee will exercise its constitutional authority and take necessary actions.

    Singapore lawmakers debate economic impacts of AI ahead of new budget launch

    coingeek 2024-03-01 56703 views Trending
    ​Singapore’s Members of Parliament (MPs) are debating the impact of generative artificial intelligence (AI) on the economy ahead of a new national budget.

    South Africa to explore stablecoins for digital payments

    coingeek 2024-02-29 48957 views Trending
    South Africa will explore stablecoins, blockchain technology, and the tokenization of real-world assets as it seeks to offer better payments to its people.In a recent budget reading, the country’s finance minister revealed the government’s plans to invest in improving the country’s payments ecosystem and other overall financial markets. The minister said the government had delegated responsibility for digital asset-related reforms to the Intergovernmental Fintech Working Group (IFWG).

    Security startups using blockchain outperform peers leaning on other emerging technologies: study

    coingeek 2024-02-28 42674 views Trending
    ​A group of Swiss researchers have published a study probing the financial impact of blockchain on cybersecurity firms compared to their peers using other emerging technologies.

    Bitcoin short sellers are out $161M as Bitcoin surprises with 11% rally

    cointelegraph 2024-02-27 44158 views Trending
    Bitcoin’s massive surge upward saw more than $268 million in shorts liquidated throughout the wider crypto market.Bitcoin short sellers are nursing millions in losses after Bitcoin rocketed upward by nearly 11% to briefly notch a new yearly high of $57,000.

    Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets

    coingeek 2024-02-26 64337 views Trending
    ​The Hong Kong government will introduce draft bills to regulate digital assets this year amid skyrocketing ‘crypto’ crime over the past three years, a top official has revealed.

    Malaysia’s EV sector taps blockchain for improved service offerings

    coingeek 2024-02-23 56155 views Trending
    A trio of Malaysian electric vehicle (EV) sector players have signaled an intention to leverage blockchain technology to address pressing industry challenges.ACO Tech, Malaysia Automotive, Robotics & IoT Institute (MARii), and Geno Group inked a deal to exchange ideas on blockchain to improve Malaysia’s EV sector. The collaboration intends to lay the foundation for a broader industry-wide partnership among key players.

    Honduras bans banks from dealing with digital assets

    coingeek 2024-02-22 30609 views Trending
    ​The top banking regulator in Honduras has prohibited banks from engaging in digital asset trading or custody despite regional adoption.

    India allots $1M for projects tackling critical gaps in healthcare infrastructure

    coingeek 2024-02-20 72382 views Trending
    ​Blockchain For Impact (BFI), a healthcare fund set up during the second wave of the COVID-19 pandemic in India, has allocated $1 million over three years for the BFI-Biome Virtual Network Programme and supports collaborative projects aimed at translating research outcomes into tangible healthcare solutions.
Flash MORE+

Release news