Tether enters Latin America with stablecoin pegged to Mexican Peso
MXNT tokens will initially support Ethereum, Tron, and Polygon. MXNT will join three other fiat-currency pegged tokens Tether has in the market: the US dollar-pegged USDT, the Euro-pegged EURT, and the offshore Chinese Yuan-pegged CNHT.
Indian Twitteratis Urge the Government to Slash 30% Crypto Tax
The Twitteratis were demanding that the 30% tax should be reduced and losses should be allowed to carry forward and tax deducted at source (TDS) on crypto transactions be removed
Biden administration set to release executive order on crypto in February
The executive order would assign specific roles to a wide vertical of federal departments and agencies to develop a comprehensive strategy
Myanmar’s pro-democracy group endorses crypto as a move to resist the military
The pro-democracy group is supporting citizens to use Tether as its greater use could weaken the power of the military, which controls the issuance of the country’s currency
Thai companies investing in Bitcoin mining despite central bank’s warning
Jasmine Technology Solution has spent around 3.3 billion baht buying 1,200 Bitcoin mining machines from Bitmain Technology, and plans to add another 5,100 machines this year.
Ready to comply with all government guidelines: Indian crypto exchanges
Exchanges shared that they already have a basic code of conduct in place and are open to either the Reserve Bank of India (RBI) or market regulator Sebi regulating them
Tencent to support digital yuan payment through mobile wallet WeChat
WeChat users can now choose to pay with “digital renminbi”, a newly-added access point embedded in WeChat Pay.
Opinion: How crypto innovations can help bring real world benefits in the emerging economies
Educating the entrepreneurs of the future on how blockchain works is another essential step towards a more inclusive financial future.
Hits, misses as crypto finds way in Singapore
About 100 applicants have dropped out of the running so far, as they were unable to meet standards under the Payments act
Singapore central bank announces 15 finalists for the global CBDC challenge
The finalists will next go through an eight-week Acceleration Phase, supported by Tribe Accelerator, where they will develop and refine their solutions.