Business

CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec

Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto,

Business

India misinterpreted private crypto ban, says crypto bill creator

The creator of India’s crypto bill, former Finance Minister Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous

Business

South Korean lawmakers inch closer to deal to delay crypto tax by one year

In what could be a big win for the local crypto industry, South Korean lawmakers are close to delaying taxation on digital assets for another

Business

Law Decoded: India ponders going full China on crypto, Nov. 22–29

Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India could

Business

India’s crypto unicorn CoinDCX has no immediate plans for IPO

India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain. CoinDCX has no

Business

Singaporean crypto exchange enters India amid regulatory uncertainty

Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the

Business

UK digital services tax targets crypto exchanges

A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services tax that will be levied on cryptocurrency exchanges operating

Business

Democratic senators oppose President Biden’s OCC Omarova nomination

A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency

Business

OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12

Business

Bitcoin too volatile to be adopted as legal tender, says BoE chief

Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the