El Salvador has recently enacted a new law that governs the use of digital currencies, signaling a significant advancement in the nation’s cryptocurrency journey. New agency to monitor crypto activit...
Tag: Enacts
Pakistan Enacts New Legislations To Introduce CBDC by 2025
Altcoin News The State Bank of Pakistan (SBP) enacted new legislation for EMIs. Licenses to issue CBDCs will be distributed by EMIs from the state bank (SBP). Central bank digital currencies (CBDCs) a...
Canada’s Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining
“We can’t simply say, ‘Well, anyone can take whatever [energy] they want to take and we’ll simply build dams’,” Finance Minister Cameron Friesen, the minister respo...
Disney+ establishes ‘cost structure taskforce,’ enacts targeted hiring freeze: memo
Disney (DIS) is reining in its spending after the company reported weak fourth quarter earnings, which sent the stock plummeting to a new 52-week low as investors zeroed in on the media giant’s ...
Bitcoin remains range bound as Fed enacts 4th consecutive 75 basis point rate hike
The U.S. Federal Reserve raised interest rates by 75 basis points (bps) after the Federal Open Market Committee (FOMC) meeting on Oct. 2, bringing the Federal Funds Rate to 3.75 – 4%. Bitcoin reacted ...
Musk Takes Twitter Helm, Enacts Sweeping Change as Deal Closes
(Bloomberg) — Elon Musk wasted no time taking complete control of Twitter Inc. The billionaire appointed himself chief executive officer, dismissed senior management and immediately began reshap...
Bank of England enacts its biggest rate hike in 17 years
FTSE 100 ended roughly flat on Thursday even though the Bank of England announced its biggest rate hike since 1995. Key rate raised to 1.75% Governor Andrew Bailey lifted rates by 50 basis points this...
President of Kazakhstan Enacts Law Amending Country’s Tax Code To Impose Higher Rates on Crypto Miners
The President of Kazakhstan, Kassym-Jomart Tokayev, has enacted a law amending the country’s Tax Code to impose a higher tax rate on cryptocurrency miners. The increased levy will be based on the amou...
Oklahoma Enacts Texas-Style 6-Week Abortion Ban
Topline Oklahoma Gov. Kevin Stitt (R) signed a bill Tuesday that bans virtually all abortions after six weeks of pregnancy, threatening to sharply curtail abortion access for both Oklahomans and Texan...
Arizona Enacts 15-Week Abortion Ban — Same As Mississippi Law Supreme Court Now Weighing
Topline Arizona Gov. Doug Ducey (R) signed a 15-week abortion ban into law Wednesday, making Arizona the first state to enact such a ban this year—with Florida set to soon follow—as the Supreme Court ...
Germany Enacts Emergency Gas Plan as Russia Wields Ruble Threat
(Bloomberg) — Germany triggered an emergency plan to brace for a potential Russian gas cut-off as President Vladimir Putin insists that the crucial fuel should be paid for in rubles. Most Read f...