Thailand touts new ‘digital nomad’ visa extendable for nearly a year: Report
The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.
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The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. The Association for Financial Markets in Europe (ASME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed…
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South Korea’s Largest Bank Launch a Crypto Custodial Service
Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future.According to a report from local news outlet Digital Today on March 27, the bank filed a trademark application for KBDAC, referring to a proposed Digital Asset Custody subsidiary, at the end of January, 2020.KBDAC trademark application…
Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?
Paper money today is a marginal part of the currency in circulation and represents a direct relationship between the end user and the central bank. Its use is, however, unknown to the central bank; in a certain sense, it can therefore be said that like cryptocurrencies, cash can be used for illicit purposes. Central banks…
Canada Border Agency to Pilot IBM-Maersk TradeLens Blockchain Platform
The Canada Border Services Agency (CBSA) has become the latest entity to trial a blockchain shipping solution developed by IBM and Maersk, a press release confirmed Thursday, Oct. 25.TradeLens, which creators unveiled in August this year after a 2017 pilot, aims to simplify logistics processes.The first such border agency to investigate the platform, CBSA will…
Price analysis 9/1: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA
Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result in a quick up-move to $60,000.Another positive voice was that of SkyBridge Capital CEO Anthony Scaramucci, who said in an interview…
Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky
The cybersecurity firm predicted that crypto-related cybercrime won't slow down in 2023, but it will move on from Bitcoin as a source of payment. 854 Total views 6 Total shares Bitcoin (BTC) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move…