Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
AstraZeneca partners with AI company to find cure for cancer
The collaboration aims to create a zero-shot generative AI model, which would work on creating new antibody therapeutics and enhancing the existing ones.
South African regulator may license 36 crypto companies in December
The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.
Hong Kong Securities Association suggests ICO to boost island’s economy
The Hong Kong Securities and Futures Association also suggested that Hong Kong’s authorities could implement Islamic Banking.
Crypto ownership in Canada slips in 2023, but average value of holdings rises
Only 34% of Canadians still believe that crypto “will play a key role in the future,” but the number of those able to give a basic definition of digital currencies has risen slightly.
UK crypto hodlers get a call from the tax grinch
His Majesty’s Revenue and Customs has issued a warning to crypto, NFT and utility tokenholders about paying their taxes on time or facing the consequences.
BIS Innovation Hub presents its ‘private CBDC’ project
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms.
Zipmex proposes to pay creditors 3 cents per dollar
The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million.
Spanish citizens to declare foreign crypto holdings by the end of March
Only individuals with balance sheets exceeding the equivalent of 50,000 euros in crypto assets are obliged to declare their foreign holdings.
The end of an era for Binance, troubles for Kraken: Law Decoded
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.
Average value of undeclared crypto in Japan dropped 19% in 2022
The number of tax evasion cases featuring crypto assets rose 35% in 2022.
European regulator: CASPs should work on protocol interoperability, self-hosted wallets
The European Banking Authority wants to update existing anti-money laundering rules and combat the financing of terrorism for crypto providers.
Hong Kong to use AI against superbugs and antibiotic overprescription
The COVID-19 pandemic significantly increased broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs.
South Korea to invite 100K citizens to test CBDC in 2024
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
City of Lugano integrates Polygon into its crypto payment system
Polygon has been a partner of the Swiss city since at least 2022, providing the infrastructure for its stablecoin.
Belgium seeks to reboot EU blockchain infrastructure project
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.
US regulators continue to discuss crypto: Law Decoded, Nov. 13–20
Elizabeth Warren continues pressing for tighter regulation, and Vivek Ramaswamy promises to defend crypto from the government’s overreach if elected.
Crypto lobby spending in U.S. set to beat 2022 record: Report
With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts.
Kazakhstan officially launches digital tenge
The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency.
IMF head: CBDCs can replace cash, help financial inclusion
International Monetary Fund Managing Director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies.