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China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

India, the world’s largest democracy, may make its tax policy clearer by tweaking the definition of crypto or virtual digital assets. According to a report by CNBC TV-18, the Indian government is likely to tweak the definition to clarify that only cryptocurrencies, crypto tokens, NFTs and vouchers fall under the

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What is the role of a decentralized autonomous organization in Web3?

A DAO empowers its community members with voting rights and allows investors to send, receive and store value globally, automatically and anonymously.  For years, automated systems have been viewed as a way to reduce annoying hurdles to humans, such as dealing with lengthy and burdensome traditional bureaucratic systems. A

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Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs

Lael Brainard, a member of the Federal Reserve’s Board of Governors, encouraged the United States to be a leader in research and policy regarding central bank digital currencies, or CBDCs, due to potential international developments.In remarks prepared for the U.S Monetary Policy Forum in New York on Friday, Brainard said

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Blockchain tech’s multipurpose role in driving global advancement

Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to come aboard this train and completely step up their operations.Food industryBlockchain tech in the

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