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Russia is free to use Bitcoin in foreign trade, says finance minister

[Dec 25, 2024 2:09 PM] Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.

Thailand distributing digital money to 45M citizens to boost economy

[Jul 24, 2024 10:11 AM] The controversial plan began as a campaign promise and will help lower-income Thais buy more.

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

[Feb 1, 2024 1:18 AM] India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.

BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says

[Aug 24, 2023 3:00 AM] The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for…

G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holders India

[Jul 18, 2023 7:05 AM] The Group of Twenty (G20) has welcomed the high-level recommendations of the Financial Stability Board (FSB) on crypto asset activities and global stablecoin arrangements.

UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents

[Mar 15, 2023 3:00 PM] Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K…

India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’

[Jan 31, 2023 11:30 PM] India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly…

Aussie execs refute ‘argument’ to treat crypto as financial products

[Jan 22, 2023 11:13 PM] The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22.

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

[Jan 19, 2023 9:30 AM] After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi…