Search Results for "ministry of finance"
Decentralized Finance (DeFi)
DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.
China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy
During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.
Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies
The awesome wave of change has snaked into the Russian cryptocurrency market as their finance ministry advocates for a new regulatory framework to be adopted by the country’s legislative body. This proposition entails that cryptocurrencies will be classified under three separate legal categories or tiers as set by the Russia legislative body law. These tiers are virtual assets, technical tokens, and digital finance asses.
Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives
The Algorand Foundation of Singapore has signed a collaboration agreement with Fondazione Ugo Bordoni aimed at testing and advancing the groundbreaking open-source technology developed by its founder Silvio Micali.
Philippines Warns the Public on Bitcoin Scammers Posing as Government Officials
Finance ministry of the Philippines Government has alerted the public about false information that fraudulently uses the name of Secretary Carlos Dominguez III to promote a fake crypto trading platform recognized as “Bitcoin Revolution”.
Turkish Government Announces Plans for National Blockchain Infrastructure
The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.
European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package
The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.
G7 Will Meet to Discuss CBDC and Digital Tax this Week Says Japan’s Finance Minister
The Group of Seven (G7) will meet on Feb.12 to discuss central bank digital currencies (CBDC), digital taxation and global debt according to Japan’s Finance Minister Taro Aso.
Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.
India’s Government Plans to Bring Back Law to Ban Cryptocurrencies
A report revealed that the Finance Ministry is now inviting other ministries to have a discussion of its earlier draft on the crypto ban introduced a year ago.
Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut
Japan’s finance minister stated that there is no need to lower crypto tax rates.