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Digital Yuan Rollout Is 'Response to Facebook’s Libra'


A South Korean financial expert says that China’s forthcoming digital yuan will be used in cross-border trading – possibly replacing the United States dollar in many international deals – and has been sped up as a response to Facebook’s Libra project. Per Maeil Kyungjae, Kim Jong-han, a senior...

Eight Countries That Don’t Tax Your Bitcoin Gains


As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets...

Analyzing the Regulatory Response: Cryptoassets and Digital Assets


Keith Bear. Keith Bear is a Fellow at the Cambridge Centre for Alternative Finance, part of the Judge Business School at Cambridge University. Previously, he served as IBM Fintech Head. _____ Over the last 2 years we have witnessed multiple trends in the world of digital assets, with the rise...

Iranian President Calls for Launching a Cryptocurrency Mining Strategy


Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...

Can a Digital Dollar Save the US? JPMorgan Says...It’s Complicated


“No country has more to lose” than the United States as central bank digital currencies (CBDCs) begin to roll out, claims US-based investment banking giant JPMorgan – which suggests that a “modest” digital fiat investment could potentially help safeguard dollar dominance for years to come. Per...

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