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El Salvador Passes a Bill to Recognize Bitcoin as a Legal Payment Instrument

2021-06-09T14:09:16+00:00June 9th, 2021|

The Legislative Assembly of El Salvador adopted a bill recognizing Bitcoin as an official payment instrument in the country on a par with the US dollar. The bill was [...]

Beijing Authorities to Distribute Over $ 6 Million During Digital Yuan Testing

2021-06-02T13:59:48+00:00June 2nd, 2021|

In June, Beijing authorities will distribute the central bank digital currency (CBDC) to the public. Lottery winners will receive "red envelopes" with 200 digital yuan ($ 31.32). In total, the [...]

Indonesia Discussing the Introduction of the Income Tax On Cryptocurrencies

2021-05-11T17:59:28+00:00May 11th, 2021|

Indonesian authorities are planning to tax the profits generated from transactions with cryptocurrencies, reports Reuters with reference to the representative of Indonesia's tax office Neilmaldrin Noor. According to him, a [...]

The Largest Singaporean Bank Disclosed the Financial Results of Its Own Crypto Exchange

2021-05-04T16:50:09+00:00May 4th, 2021|

DBS Group has published financial results for the first quarter of 2021. In particular, the largest financial holding in Singapore has disclosed the performance of its own cryptocurrency exchange - [...]