Report: Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC

Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s support, ensuring the system is stable, and building the […] The post Report: Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC first appeared on PR Business News Wire.
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Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. The financial watchdog is working on them together with representatives of the Ministry of Internal Affairs (MVD) and the […] The post Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin first appeared on PR Business News Wire.
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Dear Sophie: Will a doctor get a green card faster than an engineer?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. Dear Sophie, My wife and I are from India. I’m a software engineer and have an H-1B visa. My wife has a dependent H-4 visa. The company that sponsored me for the H-1B also sponsored me for … Dear Sophie: Will a doctor get a green card faster than an engineer? Read More » The post Dear Sophie: Will a doctor get a green card faster than an engineer? first appeared on PRP Breaking News and Top Stories.
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Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the […] The post Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum first appeared on PR Business News Wire.
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GetVantage offers revenue-based financing to India’s founders

Other participants included Sony Innovation Fund, InCred Capital and Haldiram’s Family Office. This brings GetVantage’s total raised so far to $40 million, along with a seed round in 2020, the same year it was launched by Bhavik Vasa and Amit Srivastava. GetVantage says this includes several debt lines with non-banking financial companies to help scale … GetVantage offers revenue-based financing to India’s founders Read More » The post GetVantage offers revenue-based financing to India’s founders first appeared on PRP Breaking News and Top Stories.
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Russian Parliament Adopts Tax Rules for Digital Assets

Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. The legislation clarifies various aspects of the taxation of cryptocurrencies, as DFA is currently the main term […] The post Russian Parliament Adopts Tax Rules for Digital Assets first appeared on PR Business News Wire.
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