Blockchain Research

Feb

India plans crypto tax, greenlights CBDC

Why ban crypto when you can discourage its use by taxing it heavily? That seems to be at least part of the rationale behind India’s plan to forego a ban on decentralized virtual currencies but tax income from digital assets at a flat 30% rate with no deductions or exemptions.…

Jan

Blockchain Research

Thailand takes middle road on crypto

Somewhere in between the El Salvador and China approaches to crypto is a middle road, neither a full-throated embrace nor a strict ban. Call it crypto agnostic. Thailand appears to be taking that road, allowing the digital assets business to grow organically, while gradually implementing regulations as needed. For Thai…

Jan

China Blockchain Research

China’s e-CNY wallet hits the app stores, but does it matter?

Earlier this week the People’s Bank of China e-CNY digital wallet showed up on Android and Apple App stores in China in what appears to be the government’s next push to get people to use the somewhat underused digital currency. Previously, the PBOC’s e-CNY digital wallet app was only available…

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