The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners. Source
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection. Source
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Source
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. Source
Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. Source
Debt ceiling uncertainty erodes trust in the dollar, the DOJ announces the National Cryptocurrency Enforcement Team and the SEC investigates Circle. Source
Blockchain technology promises to be the foundational network layer for many systems underpinning successful smart cities. Source
Hedge fund manager Ken Griffin singled out crypto as a threat to the U.S. dollar and stated, “I wish all this passion and energy that went to crypto was directed towards making the United States…
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like. Source
Kristalina Georgieva said that stablecoins “fill the digital gap in privately issued money,” but labeled Bitcoin and other cryptocurrencies as assets rather than a form of money. Source