Hong Kong’s government has confirmed it will send an amendment bill to the Legislative Council before the end of 2026 to set up licensing regimes for four types of virtual asset services: dealing, custody, advisory and management. Together with the existing licenses for trading platforms and stablecoin issuers, the city’s crypto rules would then cover the industry’s main links.
Today the Hong Kong Monetary Authority (HKMA) announced collaborations with the central banks of Brazil and Thailand for cross border tokenization transactions, including atomic settlement of digital asset transactions (delivery versus payment / DvP) and wholesale CBDC (payment versus payment / PvP). Additionally, the HKMA plans to provide grants of up to HK$2.5 million for digital bond issuances to…
On 28 May, the Thai Cabinet meeting approved a series of visa measures and guidelines proposed by the Ministry of Foreign Affairs aimed at promoting tourism in Thailand. The guidelines are divided into short-, medium- and long-term plans, with the short-term plan consisting of five measures to be implemented starting in June. The short-term plan…
A way of working called “digital nomadism,” allowing people to travel and work remotely for the short or medium term without being tied to a specific location, is gaining popularity worldwide. In Japan, the government has announced plans to attract “digital nomad” talent through a new system allowing visitors from 49 countries and territories to stay in…
Croatia is a beautiful and historic country with many ancient castles and cities. Here, digital nomads can work while admiring the stunning coastline and ancient architecture. In addition, Croatia also has one of the most beautiful cities in the world, Dubrovnik, which is the filming location of “King’s Landing” in “Game of Thrones” and attracts…
The Thai Revenue Authority has issued an income tax payment order in accordance with Article 41, paragraph 2, of the Taxation Act. The new tax policy stipulates that this tax provision will apply to foreigners who reside in the country for more than 180 days per year. This policy will be implemented from January 1,…
It was popularised in the 1960s with the release of Letraset sheets
