Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax…
Browsing Tag
Emerging Markets
178 posts
Report: Tanzania Closer to Launching a CBDC
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a…
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by…
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to…
Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view…
Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as…
Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players
Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency…
Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo —…
Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations
Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of…
Central banks in emerging economies look to CBDCs for payment efficiency, BIS report says
A volume of papers from the Bank for International Settlements (BIS) points out that payment system efficiency is…