Tag: Digital Currency
Report: A bill to make digital currencies legal tender is being discussed in Macau
According to a report, Macau, one of China's special administrative regions, recently finished debating a bill that would make digital currencies legal tender. A...
To combat tax evasion, Colombia intends to introduce digital currency.
The Colombian government made plans to introduce a virtual currency public. This new currency would have several goals, including reducing tax evasion and improving...
A Chinese court has ruled that a virtual currency-based sale agreement is invalid.
A virtual currency cannot circulate in the market as a currency, so a vehicle sale contract in which the buyer agreed to pay in...
The UAE Charitable Foundation has been granted permission to accept cryptocurrency donations.
The Al Jalila Foundation, a charitable organization based in the United Arab Emirates, recently announced that it has been granted permission to accept cryptocurrency...
Tanzanian officials want international clarity on CBDCs and cryptocurrencies.
Tanzanian financial sector officials have called for a more defined global agreement on central bank digital currencies (CBDCs) and crypto-assets. Officials agreed that more...
In sanctioned Russia, the idea of using the digital ruble as a reserve currency has circulated.
The State Duma, Russia's lower house of parliament, has proposed making the digital ruble a reserve currency. Meanwhile, fears have been expressed in the...