OMGFIN Daily News

Proposed bill in Argentina encourages citizens to reveal crypto holdings
Argentines could soon be motivated with tax incentives to declare their crypto holdings as the government aims to tackle money laundering with a proposed ne...
Thu, 12 Jan, 2023 at 2:01 AM
China’s central bank includes digital yuan in report on currency circulation
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022. The People’s Bank of China, or PBoC, has ...
Thu, 12 Jan, 2023 at 6:57 AM
US House Republicans plan to establish crypto-focused subcommittee: Report
Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee focused on issues related to crypto. ...
Fri, 13 Jan, 2023 at 7:03 AM
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. Brit...
Mon, 16 Jan, 2023 at 1:54 AM
Tanzania ‘cautious’ on CBDC adoption after initial research
The Bank of Tanzania is waiting for the conclusion of its research into CBDCs before making a final decision on adoption.  Tanzania’s central bank ...
Mon, 16 Jan, 2023 at 6:59 AM
EU finance ministers’ group releases statement on political aspects of digital euro
The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political...
Tue, 17 Jan, 2023 at 1:27 AM
Iran and Russia want to issue new stablecoin backed by gold
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.  ...
Tue, 17 Jan, 2023 at 2:12 AM
SEC of Thailand issues crypto custody provider rules
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of unforeseen events.  The Securities and Exchange ...
Wed, 18 Jan, 2023 at 4:26 AM
Bank of England governor questions need for digital pound
BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade. Andrew Bailey, the Bank of England(...
Wed, 18 Jan, 2023 at 4:38 AM
WEF 2023: CBDCs need to find a ‘real problem’ to solve, says SARB governor
The central bank governor highlighted that the South African Reserve Bank would rather follow than become a first mover in retail CBDCs.  South Afr...
Thu, 19 Jan, 2023 at 1:20 AM