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Nalezeno "Benefits": 399

Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies


The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...

IMF Board Offers Guidance for Developing Effective Crypto Policies


The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing...

Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain


German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic...

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say


Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...

OLA GG and OasyX partner to bring benefits to the community


OLA GG took to its official blog post to announce that it has partnered with OasyX to bring yet another impressive Web3 project along with several benefits for the community. The development comes as Oasys looks to launch an NFT collection of 10,000 original characters. OasyX is built exclusively...

China’s Digital Yuan Little Used, Former Central Bank Official Says


Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...

Brazil Could Launch Its Defi-Integrated Digital Real in 2024


Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with...

Minimax․Finance Announces the Integration of VERSE DEX


PRESS RELEASE. Minimax.Finance integrated the recently launched VERSE DEX to provide the Minimax community with more options for cost-effective swaps on Ethereum network. VERSE pools are also available at the platform. The Minimax team has integrated VERSE DEX into Minimax’s swap section;...

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