Category: Digital Currency

UAE Charitable Foundation Receives Approval to Accept Crypto Donations

Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing......

Thailand Exempts Crypto Transfers From VAT Until End of 2023

Authorities in Thailand have formally introduced a value-added tax (VAT) 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.......

Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun

With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldnt come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far......

World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’

The World Bank has said it expects the price of gold to rise by 3% の 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After......

Bank of Russia to Pilot Digital Ruble Settlements in 2023

ロシア’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions.......

Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being......

ロシア財務省がデジタル通貨に関する法案を修正,’は暗号マイニング規定を追加します

The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the countrys crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliaments spring......

ガーナCBDC開発: 新しい中央銀行の文書は、デジタル通貨を発行するための主な動機を概説しています

In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the banks governor insists the institution is open to suggestions that will help......

デジタル銀行とCBDCを研究しているカタール中央銀行

Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of......

イスラエル銀行: CBDCの採用は銀行システムに重大な影響を与えません

Israels central bank says the publics adoption of the digital shekel is not expectedto materially affect the banking system.The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of......