Japan's central bank scraps CBDC plans due to lack of interest from public
The Bank of Japan said it needs to explore the idea of a CBDC further before giving it a greenlight as people have better options already.
Source: cryptoslate.com
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South Korea issues notification of arrival for Terra's Do Kwon
South Korean prosecutors have issued a "notification upon arrival" notice on Terra's founder Do Kwon on July 26.
Source: cryptoslate.com
Gibraltar minister says he is collecting Bitcoin for his kids' future
Gibraltar's Digital and Financial Services minister is collecting Bitcoin for his kids as he thinks adoption will increase tremendously.
United Kingdom Albert Isola Financial Services British Overseas Territory Crypto Market Cryptoslate Edge
Source: cryptoslate.com
Kazakhstan imposes new tax rules on crypto miners
Kazakhstan takes another step in its combat with crypto miners by imposing differentiated tax rates on crypto mining.
Source: cryptoslate.com
Sweden averse to Bitcoin mining amid rapid rise in energy demand
Sweden chose to dismiss Bitcoin mining as soon as it faces an energy scarcity. The county will be powering the sectors that can create jobs.
Hong Kong Khashayar Farmanbar Erik Thornstrom Swedish Energy Agency Sweden Energy Senate Of Paraguay
Source: cryptoslate.com
Who is buying crypto? — Regional Market Overview: Asia vs Europe and the U.S.
Analyzing the MoM price change for Bitcoin from October 2021 to July 2022 reveals several interesting trends in the global market.
United States Asia Smart Three Arrows Capital Month Price Change Glassnode Annotated Asia Month Over Price Change
Source: cryptoslate.com
Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue
Nigeria's low-cost digital currency e-Naira is having trouble gaining traction as banks are reluctant to promote it.
Godwin Emefiele Nigerian Central Bank Nigeria Central Bank Nigeria Central Bank Governor Central Bank Governor Independence Anniversary
Source: cryptoslate.com
India's finance minister says punitive crypto taxes will remain in force
Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.
Nirmala Sitharaman Sathvik Vishwanath Unocoin Sathvik Vishwanath Nischal Shardeum Pankaj Chaudhary Nischal Shetty
Source: cryptoslate.com
KPMG, HSBC report identifies crypto startups with unicorn potential in Asia
A KPMG-HSBC report has identified three crypto startups in the Asian Pacific region that has the potential of becoming unicorns.
Source: cryptoslate.com
3AC liquidators are trying to secure Singapore assets of the hedge fund
The 3AC liquidators have hired Singapore-based counsel to persuade the city-state's High Court to recognize the BVI liquidation order.
Source: cryptoslate.com