The European Parliament passed the Data Act on March 14. The comprehensive bill was intended to “boost innovation by removing barriers obstructing access to industrial data.” Among its provisions is a...
Tag: Approves
Biden Approves Controversial Alaska Oil Drilling Project—Here’s What You Need To Know
Topline The Biden Administration approved a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that will appease Alaskan lawmakers while angering climate...
House Unanimously Approves Bill To Declassify Intelligence On Wuhan Lab
Topline The House of Representatives voted unanimously Friday morning on a bill to declassify intelligence information on the origin of Covid-19, following two reports suggesting the deadly virus orig...
US Judge Approves $1,300,000,000 Binance.US Deal With Voyager After Dismissing SEC Objections
Following a favorable ruling from the bankruptcy court, Binance’s US arm is moving forward with plans to acquire the $1.3 billion assets of the beleaguered crypto lender, Voyager. Judge Michael Wiles ...
Judge Approves Voyager’s Deal With Binance.US, Snubs SEC
The SEC has been the driving force behind a recent spree of investigations into the crypto industry and a push for hard-hitting regulation to prevent further meltdowns. Although the Commission’s cauti...
VGX up 38% as court approves Binance.US’s Voyager deal
A federal bankruptcy judge in the United States on March 7 approved Voyager’s long-awaited restructuring plan with Binance.US. Following the news, Voyager’s token VGX soared by almost 38% in the last ...
Court Approves Binance U.S to Purchase Assets of Insolvent Voyager
6 seconds ago | 2 mins read Exchange News Voyager will sell Binance the assets worth $1 billion under the supervision of a US court. The judge voiced his displeasure with the SEC’s decision to halt th...
Judge Approves Voyager Asset Sale to Binance.US for $1.3B
The bankruptcy judge for the Voyager Digital case has approved the crypto lender’s move to sell its assets to Binance for $1.3 billion. He also overruled the U.S. SEC’s objection to the deal. Bankrupt...
Judge approves Binance.US acquisition of Voyager Digital – Cryptopolitan
Binance.US has cleared a major hurdle in its bid to acquire the assets of bankrupt crypto lender Voyager Digital in a deal valued at over $1 billion, following an overruling by Michael Wiles, a bankru...
Seychelles Court Approves CoinFLEX Restructuring Plan
A Seychelles court has approved the restructuring plan tabled by the Hong Kong-based crypto derivatives exchange CoinFLEX, the company said in a statement Tuesday. “We are pleased to confirm that on M...
France’s National Assembly approves stricter licensing rules for crypto firms
France has taken a significant step towards implementing new cryptocurrency regulations, with the National Assembly voting in favor of stricter licensing rules for crypto firms. The move aims to bring...
Hong Kong SFC Approves Crypto Trading License for HashKey
Crypto developments in Hong Kong are currently in full swing as the region seeks to become the crypto hub of Asia. Reportedly, Beijing has been supporting Hong Kong’s quest of penetrating the crypto m...
China reportedly approves crypto usage in Hong Kong, details inside
China is reportedly onboard with Hong Kong’s recent push to embrace crypto. Representatives from mainland China are closely following and reporting on the crypto developments in the island city. The i...
Chinese Government Approves of Hong Kong’s Crypto Plans: Bloomberg
Key Takeaways Hong Kong is gearing up to become a crypto hub. The Chinese government is giving subtle hints of approval towards the plan. Yesterday a Hong Kong regulatory body outlined conditions unde...
SEC Approves This U.S. Exchange’s Custody Service While Coinbase’s Remain Uncertain
On Wednesday, the Securities and Exchange Commission (SEC) voted 4-1 to propose sweeping changes to federal regulations. These changes would expand custody rules to include assets such as cryptocurren...
Judge Approves Compute North Restructuring Plan
A judge approved the mining firm, Compute North’s restructuring program after it filed for bankruptcy in September 2022. According to the mining firm’s lawyer James Grogan, the firm reportedly reached...
Court approves sale of certain FTX investments, tokens and equity shares
FTX has received court approval to sell certain investment assets and subsidiaries. Collectively, via various subsidiaries, FTX and Alameda spent around $5.3 billion across 473 investments, acco...
Uniswap set to solidify its position as leading DEX; community approves…
Community members have voted in support of Uniswap v3 deployment on the BNB Chain. With the deployment, the DEX will benefit from BNB Chain’s large user base. In spite of opposition from its largest i...
China Approves Launch of New Blockchain Research Hub in Beijing
China’s Ministry of Science and Technology has approved the construction of its National Blockchain Technology Innovation Centre. The research hub’s key objectives revolve around researching the techn...
PepsiCo Q4 earnings beat estimates as guidance falls short; board approves 10% dividend hike
PepsiCo Inc. PEP, +1.12% said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjuste...
Korean Regulator Approves Issuance and Distribution of Security Tokens – Regulation Bitcoin News
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’...
Render Token Price Down 6% As DAO Approves Burn And Mint Framework
Join Our Telegram channel to stay up to date on breaking news coverage Render Token price has dropped over 6% making it the fourth largest loser over the last 24 hours despite the news that the protoc...
Render token up 17% after DAO approves burn & mint mechanism
Render Network announced that it has received governance approval to implement a burn and mint equilibrium (BME) mechanism for its native token — RNDR. RNDR surged over 17% to become the fourth larges...
Judge approves Core Scientific’s $70 million loan from B. Riley
Bankrupt bitcoin miner Core Scientific got the green light from a bankruptcy judge to move forward with a $70 million debtor-in-possession (DIP) loan from B. Riley. Representatives of the compan...
Altria tops earnings estimates for Q4, board approves $1 billion share buyback program
Altria Group Inc. MO, +4.95% said Wednesday it had net income of $2.690 billion, or $1.50 a share, in the fourth quarter, up from $1.624 billion, or 88 cents a share, in the year-earlier period. Exclu...
Court approves BlockFi’s plan to sell its crypto mining equipment – Cryptopolitan
The bankrupt cryptocurrency lender BlockFi has been given permission by the court to auction off its cryptocurrency mining equipment as part of the company’s continuous attempts to repay its debtors. ...
Judge Approves BlockFi Request to Auction Mining Assets
Distressed crypto lender BlockFi can auction mining assets to exploit favorable market conditions, a U.S. bankruptcy judge rules. BlockFi’s assets have courted significant interest given crypto market...
Bankruptcy judge approves BlockFi’s employee retention program
A New Jersey bankruptcy court judge has approved BlockFi’s request to offer bonuses to top staff. “It offers the debtor and the employee an opportunity to move forward and maximize the estate,” ...
Judge Approves Sullivan & Cromwell to Be Debtors’ Counsel in FTX case
Sullivan and Cromwell’s bid to be debtor’s council approved by a bankruptcy judge. The judge stated that he doesn’t see any concern about the conflicts of interest. The US trustee waived all her objec...
MakerDAO approves 85% Gemini USD holdings in DAI stablecoins
The MakerDAO community voted in favor of keeping Gemini USD stablecoin as part of the protocol’s DAI stablecoin reserves amid concerns about insolvency. The MakerDAO community earlier started voting o...
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
The financial sandbox initiative of the Bank of Spain, or Banco de España, has reportedly approved a project from fintech firm Monei testing a token linked to the euro. According to a Jan. 18 report f...
El Salvador Approves Digital Assets Issuance Law – Regulation Bitcoin News
The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed t...