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Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong

Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong

In Asia, Singapore extends tax charging on NFT transactions, local media reports.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

Crypto.com to bring Crypto to Formula 1 through Partnership with Aston Martin

Crypto.com to bring Crypto to Formula 1 through Partnership with Aston Martin

Crypto.com is the first cryptocurrency platform to announce a partnership with an F1 team. The crypto exchange has secured a multi-year sponsorship deal with Aston Martin.

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

The world’s attention is on China who has recorded a great advancement in the development of its central bank digital currency (CBDC). The Chinese CBDC project, also known as digital currency electronic payment (DCEP) entered its testing phase back in April with a test run billed for four major cities.

BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

BitMEX CEO Arthur Hayes has stepped down from his position, alongside Samuel Reed, the company's CTO.

Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform

Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform

Four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) go live on CLS blockchain bilateral payments netting platform.

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin price surged past $12,100 on Aug 2, reaching its all-time high in 2020 so far. Since Bitcoin’s bull run on Sunday, Bitcoin appears to be consolidating before its next jump.

Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law

Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law

Chinese officials to consider a cross-border stablecoin in Hong Kong, to facilitate a cross-border payment network between three Asian countries, and four currencies China, Japan, and South Korea. The world’s second-largest economy is aiming to build Hong Kong into an international financial center in the digital economy era. At China’s annual “Two Sessions,” also known as the National People’s Congress, China’s most important annual political event in Beijing, officials set the decision to impose new national security legislation on Hong Kong.

Newly Launched HKU FinTech Index Series Shows Positive Outlook for Hong Kong in 2020

Newly Launched HKU FinTech Index Series Shows Positive Outlook for Hong Kong in 2020

Newly launched HKU FinTech Index Series shows positive outlook for Hong Kong in 2020

Business of Design Week 2020 Summit Concludes First Hybrid Live Edition Captures Trends Redefined by World’s Top Creative Minds for the Post-pandemic Era

Business of Design Week 2020 Summit Concludes First Hybrid Live Edition Captures Trends Redefined by World’s Top Creative Minds for the Post-pandemic Era

Business of Design Week (BODW), Asia’s annual flagship event on design, innovation and brands held its 2020 edition from 30 November to 5 December.

How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech

How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech

Real estate tokenization insights and Proptech investment landscape by Blockchain.News, Asia Proptech Association, HKBIA and Coinstreet Partners.

The Fourth Belt and Road Summit 2019 –  FinTech Cultural Revolution for Inclusive and Green Finance

The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance

The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.

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