Costa Rica proposes a 13 % tax on cryptocurrencies. The Costa Rican General Directorate of Taxation proposes to collect the tax on cryptocurrencies equivalent to a 13 % value added tax (VAT) for the purchase of crypto assets.
Additionally, it is requesting to impose a tax in the order of 15 % for…
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Tiff Macklem: “Bitcoin is not a digital currency”
Tiff Macklem, governor of the Central Bank of Canada was emphatic in indicating that Bitcoin "is not a digital currency" because, in his opinion, it is not a cryptocurrency frequently for the acquisition of products. It is an "investment…
Pakistan supreme court orders to regulate cryptocurrencies
The Sindh High Court, SHC, asked the government to draw up guidelines that allow the regulation of cryptocurrencies. The decision was made during a petition to challenge the decree, issued in 2018, on the prohibition of cryptocurrencies in…
Costa Rica shows tolerance and vigilance towards bitcoin
Rodrigo Cubero Brealey, president of the Central Bank of Costa Rica (CBCR), reported the creation of an innovation center on the Fintech and cryptocurrency sector, which will aim to analyze the related aspects inherent to the development of…
Turkey will not accept private cryptocurrencies
Recep Tayyip Erdogan, President of the Republic of Turkey, stated in a meeting with university students that his country has no intention of protecting any type of private digital asset in his territory.
Erdogan was emphatic and expressed:…
IMF appoints Brazilian Illan Goldfajn as director of the Western Hemisphere
The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in…
More countries will embrace cryptocurrencies as part of their monetary policy
The founder of Cardano, Charles Hoskinson, prophesied that different nations of the world will end up assuming the El Salvador model and “in the coming years, many more countries will use cryptocurrencies as part of their monetary policy,…
Russia is not ready to take on Bitcoin as official currency
The official representative of the President of Russia, Dmitry Peskov, was emphatic in pointing out that his country “has no reason to recognize Bitcoin as legal tender”, reiterating the opposite position of the government of Vladimir…
Banks remain closed in Kabul
The prices of goods have been gradually increasing in the Afghan capital, Kabul, whose banks have been closed since the arrival of the Taliban group last week.
According to information from the Afghan media, both banking institutions and…
Chile requires clear regulation for the financial sector
Felipe Harboe, constituent member and former PPD senator, believes that banks have put barriers to certain financial services that are not within the traditional system because "they seek to defend their business model, which is to be the…
UAE prepares cryptocurrency launch
The United Arab Emirates are working on developing their own cryptocurrency, which is expected to come out between 2023 and 2026.
This launch will be thanks to the efforts of the Central Bank of the United Arab Emirates (CBUAE), which…
12 Russian banks to participate in digital ruble tests
Sberbank, VTB, Alfa Bank, Gazprombank and Tinkoff are part of the 12 banks that were selected by the Central Bank of Russia to participate in the initial tests of the future digital currency of the country, the digital ruble.
As you may…