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Residents of 3 Chinese cities paying taxes and charges with digital yuan

Residents in three major Chinese cities have begun paying tax, stamp duty and social security premiums using the country’s central bank digital currency — the digital yuan (e-CNY). According to a domestic news report, a number of government agencies in the Zhejiang province — located just south of Shanghai — are

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The Bahamian government hopes to allow residents to pay taxes with digital assets in 2022

Residents of the archipelago nation the Bahamas may soon be able to ues digital assets including the world’s first central bank digital currency, or CBDC, to pay for taxes.In a white paper released on Wednesday on the future of digital assets, the Bahamas’ Office of the Prime Minister said the

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Instant Exchange Marketplace Swapzone Introduces Exchange API for US Residents – Press release Bitcoin News

press release PRESS RELEASE. Swapzone.io, a successful crypto-to-crypto exchange aggregator has just announced a new feature named “fixed-rate exchange” that now is available to U.S. citizens. The new function allows American users and not only to “fix” the amount they exchange, so that nothing can affect the amount the user

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Russia to Allow Foreign Residents to Own and Use Digital Ruble – Finance Bitcoin News

The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with cryptocurrencies and insists that state-issued

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Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges – Exchanges Bitcoin News

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able

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Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs – Altcoins Bitcoin News

The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency available to New York residents, who can now trade, buy, sell and store SHIB on Coinbase. This announcement follows the exchange adding SHIB trading pairs. Coinbase Grows Its Shiba Inu Crypto Offerings Cryptocurrency exchange Coinbase announced Friday that the shiba inu (SHIB)

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