India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.
CBDC
Digital Pound Legislation Will Provide Protections to Privacy and Control, Govt Says
Many respondents to the digital pound consultation said that they had concerns about privacy and control.
Donald Trump Is the Latest Republican to Use CBDCs as a Dog Whistle
The presidential candidate declared fevered opposition to a digital dollar on Wednesday night, even though there are no official plans for one in the U.S. Why?
Vladimir Putin’s Signature Brings Digital Ruble Into Russia’s Tax Code
Russia’s digital ruble has been integrated into the nation’s tax code after its President Vladimir Putin signed the move into law.
Central Bank Project Shows CBDC Payments Can Be Private
The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said.
Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues
Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.
Standard Chartered China Offering Exchange Services for Digital Yuan
Standard Chartered (Shutterstock)
South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.
Digital Euro Isn’t Pressing, but Work Should Continue: Spanish Central Bank Governor
Europe’s “highly efficient” payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.