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July 6, 2023
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Published by Victoria Kyle at July 6, 2023
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Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel

The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%.   Israel is considering granting an […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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US reportedly plans to restrict China’s access to cloud computing services

Report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure.   […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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UAE free zone teams up with HBAR Foundation to support Web3 startups

The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development.   RAK Digital Assets Oasis […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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South Africa to mandate crypto exchange licenses by end of 2023: Report

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.   South Africa’s Financial Sector Conduct Authority (FSCA) […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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OPNX launches ‘oUSD’ credit currency for crypto margin trading

The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions.   OPNX, a crypto futures […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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Music with AI elements can win a Grammy, Recording Academy CEO says

The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations.   The […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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India negotiates cross-border CBDC payments with global central banks

The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.   The Reserve Bank of India (RBI) is […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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Denmark orders Saxo Bank to erase cryptocurrency holdings

DFSA’s decision about Saxo Bank’s crypto holdings will have a “very limited impact” on its business and its customers will not experience any significant changes, the […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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Crypto-friendly DBS Bank launches digital yuan payment tool

Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen.   DBS Bank China has announced the launch […]
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July 5, 2023
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Published by Victoria Kyle at July 5, 2023
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Clarity needed on crypto lending regulations – UK Law Commission

The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.   The lawyer leading the United Kingdom’s Law […]
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