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Ukraine Minister Says First Digital Currency Pilot Could Focus on Staff Salary Payments

The head of Ukraine’s Ministry of Digital Transformation has said that paying the staff of the ministry in the proposed central bank digital currency (CBDC) is under consideration.  Ukraine CBDC Pilot Could Initially Involve Salay Payments In a recent interview with local Ukraine news outlet TSN, Mikhail Fedorov, who is also the country’s deputy PrimeRead More дальше »

2021-8-19 11:00


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DeFi Project Arabic Cash Offers a Shelter During Correction. Final Round of Private Sale

United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One […] дальше »

2021-6-7 20:05


G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting

State-Backed Assets Take the Spotlight Again The next G7 meeting will kick off on February 12 and it would include a dedicated session on CBDCs, Reuters reports. Quoting Japanese Finance Minister Taro Aso, the news source explained that the G7 meeting would feature the world’s top economies discussing ways to bounce back from the coronavirus’ […] The post G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting first appeared on BitcoinExchangeGuide. дальше »

2021-2-10 23:31


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Ukraine to channel excessive nuclear power towards Crypto Mining

Ukraine may have found a fitting practice to help it reduce its excessive nuclear power that has been going to waste for years. The idea of building a digital power plant with a capacity for cryptocurrency mining was discussed by the country’s Deputy Minister of Energy for Digital Development Yevhen Vladimirov, who met up with other […] дальше »

2021-2-8 00:24


Russia Proposes Tax Code Changes; Digital Financial Assets to be Classified as Property

The prime minister of Russia, Mikhail Mishustin, has said that the government is considering categorizing digital financial assets (DFA) as a form of property. Mikhail, who was speaking at a recent Russian government session, noted that the authorities intend to forge a path for a civilized local crypto market. дальше »

2020-11-27 17:22


Japan’s Central Bank to Launch Its Digital Yen Pilot in 2021; China’s CBDC Accelerating Timeline

Japan is playing catch up to China’s CBDC plans, Kenji Okamura, vice-finance minister for international affairs, said in an online seminar on Friday, as Reuters reported. Speaking on the dangers of being left behind by the largest Asian economy in digital currencies, Okamura called for the country to move towards developing its own digital yen. дальше »

2020-10-9 17:44


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Kazakhstan Plans to Pump Over $700 Million in the Crypto Mining Sector

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector. дальше »

2020-9-3 23:00


Irish Govt to Target Cryptocurrencies Use in Money Laundering And Terror Financing

The Irish government aims to implement stricter and more stringent laws to curb money laundering and terrorism financing in its financial system, including digital assets. In a report first published by Irish Examiner, the Cabinet is set to approve Justice Minister Helen McEntee’s bill, Money Laundering and Terrorist Financing Amendment Bill 2020, to place more […] дальше »

2020-8-11 16:38


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Indian Prime Minister Modi cites investment opportunities in the Blockchain industry

Similar to many other Asian countries, India has seen a rise in the use of digital currencies. But the reception from its government has not been the most favorable. However, there are new developments that are giving the Indian Cryptocurrency ecosystem good reasons to believe that most of the restrictions against the use of digital […] дальше »

2020-7-24 16:26


Will Russia’s New Prime Minister Help Foster The Adoption Of Cryptocurrencies?

The Russian Federation Prime Minister has made a call asking his country people to try and prioritize the development of the digital economy. RIA NOVOSTI, a Russian news outlet on 16th January 2020 reported that Mikhail Mishustin, who had earlier in the day been confirmed as the new Russian Prime Minister had placed some priorities […] дальше »

2020-1-18 21:30


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Is Russia’s New Prime Minister Good for Bitcoin?

Cryptocurrency is not money, while operations with it should be taxed – this and other statements were previously made by Mikhail Mishustin, who is now Russia’s new Prime Minister. Russia to Become a Digital Platform Nevertheless, despite the fact that Mishustin doesn’t seem to shift the government’s approach towards cryptocurrencies, he is an avid fan of digitalization, and this is a plus for the crypto world. дальше »

2020-1-17 00:00


Facebook’s Libra Has “Failed” As Central Banks Won’t Accept It – Switzerland Finance Minister

Facebook’s digital currency Libra has been a big miss so far and requires a revamp in order to be supported, said the finance minister of Switzerland and outgoing president. Where regulatory consent is concerned, Ueli Maurer, the president of Switzerland said, “I don’t think (Libra has a chance in its current form), because central banks […] дальше »

2019-12-28 19:04


Ukrainian Government Official: Bittrex Wanted to Help Develop Country’s Crypto, Exchange Denies It

A Ukrainian government official Alexander Bornyakov who serves as the Deputy Minister of Digital Transformation recently told a local daily that right after the announcement about them joining hands with Binance to help them develop their crypto reforms and regulations, they started receiving calls from other exchanges with similar offers. The officer claimed that two […] дальше »

2019-11-27 21:30