10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed toencourage the use of local currencies for economic and financial transactions.The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippinen, Singapur,…

BRICS De-Dollarisierungsschub, China, und Krypto bedrohen die Dominanz des US-Dollars: Analytiker

Fitch Solutionsglobal head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s risingeconomic mightas key factors that erode the U.S. dollar’s dominance over time. He cautioned that China

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments

Hongkong stellt Prototyp für digitale Währung vor, Projekt Gold

Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail

Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement

Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal Thai Police. The regulator said it made decision after Yimwilai and

Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners

Cryptocurrency exchange Zipmex has halted withdrawals due tovolatile market conditions, and the resulting financial difficulties of our key business partners.The exchange operates in Singapore, Australien, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australien,…

Thailand Exempts Crypto Transfers From VAT Until End of 2023

Authorities in Thailand have formally introduced a value-added tax (MwSt) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand….

Prüfbericht: Chinesische Zollbehörde beschlagnahmt 49 Alte ASIC-Antminer

Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs

Krypto-Betrüger nach Flucht in Bangkok festgenommen 500 Millionen Baht

Ein Mann, der angeblich hinter einem Kryptowährungs-Investitionsbetrug steckt, wurde in Bangkok festgenommen, Thailand. Er lockte Menschen dazu, in sein betrügerisches Kryptosystem zu investieren, indem er hohe Renditen versprach, Investoren sagen, sie könnten a verdienen 400% return by investing in just 200

Millionen von NFT-Sammlungen, die beschuldigt werden, Kunst ohne Erlaubnis zu verwenden, drohen mit rechtlichen Schritten

Thailand is laying the groundwork to become acrypto-positive societywith the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to the Covid-19