The U.S. is considering giving the crypto-asset industry the support it needs following the executive order issued by President Joe Biden. To further drive the government’s commitment to adopt digital...
Tag: Mulls
Singapore’s Finance Regulator Mulls ‘Limits on Retail Participation’ in Crypto
The Monetary Authority of Singapore (MAS) won’t rule out amendments to existing legislation and introduce new rules that would add more restrictions on retail crypto-traders In a written respons...
Hong Kong Outperforms As Growth Leads, Biden Mulls Tariff Action
Key News Asian equities were mixed but mostly higher overnight as Hong Kong outperformed, driven by growth and internet stocks as optimism gathers over the end to lockdowns in China and an improving m...
Crypto Hedge Fund Three Arrows Capital Mulls Rescue From Outside Firms Amid Staggering Losses: Report
An ailing crypto hedge fund is reportedly contemplating its options in dealing with massive losses, including being bailed out by other firms and selling remaining assets. In a new report by the Wall ...
Crypto lender Celsius mulls possible restructuring amid financial woes: WSJ
Crypto lender Celsius has hired lawyers from Akin Gump Strauss Hauer & Feld LLP as it mulls its financial options after halting withdrawals this past weekend, according to the Wall Street Journal....
Western Digital mulls splitting its business
Western Digital (NASDAQ: WDC) announced on June 7 that it is exploring strategic alternatives, including separating its flash and HDD business. This announcement could possibly be a result of a rece...
Russia Goes Bullish On Bitcoin As It Mulls Using Cryptos For International Transactions ⋆ ZyCrypto
Advertisement     Russia’s ministry of finance is considering the possibility of using cryptocurrencies like Bitcoin in conducting international payments. According to...
Russia Mulls Enabling Crypto For Int’l Payments As Western Sanctions Bite
Despite the Russian government’s expectation that cryptocurrencies will be legalized as a form of payment, no consensus has yet been reached after months of panel discussions in Moscow about crypto. N...
XRP Whales On A Gigantic Accumulation Spree As Ripple Mulls Going Public After SEC Lawsuit Ends ⋆ ZyCrypto
Advertisement     XRP, the native coin for the Ripple network has been on a rollercoaster ride since tapping an all-time high of $3.85 in January 2018. Plagued by an o...
South African central bank mulls digital rand to streamline cross-border payments
The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo. Naidoo said a digital rand could significa...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns – Regulation Bitcoin News
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated ...
Panama’s President Mulls Crypto Law Veto, Cites Money Laundering Concerns
In brief Panamanian lawmakers last month approved a law that would allow citizens to spend cryptocurrency. But the president of the Central American country is not in a hurry to pass the bill just yet...
GBTC Discount Hits All-Time Low as SEC Mulls Bitcoin ETF
Shares of the Grayscale Bitcoin Trust (GBTC) hit record lows against its net asset value (NAV), trading at a 30.79% discount, data from YCharts shows. GBTC is a private-placement trust that trades lik...
India mulls a 28% tax for crypto services: CNBC-TV18
India’s Goods and Services Tax (GST) Council is weighing a proposal to impose a 28% tax on all cryptocurrency transactions, according to a report by CNBC-TV18 on Monday. “The proposal is t...
Fairfax County, Virginia Mulls Investing Pensions in Yield Farming Crypto Funds
Fairfax County, Virginia, is considering investments in two crypto funds that use yield farming for its pension funds. A decision will be made in the next few days and, if passed, would be the first c...
Dogecoin Sees Immense Push As Elon Musk Mulls Utilizing DOGE To ‘Defeat The Spam Bots’ On Twitter ⋆ ZyCrypto
Advertisement     Tesla’s CEO Elon Musk has been ramping up efforts to solve the perennial problem of Spam Bots on Twitter. Even before purchasing the social media pla...
Biden Reportedly Mulls Inviting Amazon, Starbucks Union Leaders To White House
Topline President Joe Biden is considering holding a meeting at the White House with union workers from Amazon and Starbucks, according to the Washington Post, in what would be a major signal of suppo...
Bored Ape Yacht Club’s ApeCoin Soars as Community Mulls DAO Proposals
ApeCoin is soaring today, up over 7% in the last 24 hours, according to CoinMarketCap. APE spiked late last night, hitting a price of nearly $27. Since then, the token has shed some of those gains and...
Blockchain.com Mulls 2022 IPO as London Seeks to Become Crypto Hub
With the UK eagerly watching on, a strong debut could act as a springboard for adoption on an international scale. London-based cryptocurrency company Blockchain.com has reportedly begun interviewing ...
Liverpool Mulls Over Crypto Shirt Sponsorship Deal ⋆ ZyCrypto
Advertisement     Liverpool Football Club (LFC) may become the first Premier League team to broker a deal with a crypto firm as its main shirt sponsor. The club has ha...
Bitcoin Falls Back To $40,000 As Fed Mulls Faster Rate Bumps
Cryptocurrency markets were sluggish Friday after Federal Reserve Chairman Jerome Powell stated that interest rate hikes should be made “more quickly.” Powell also indicated that a rate hike of 0.5 pe...
Elon Musk Lines-Up $46.5 Billion To Fund Twitter Buy, Mulls Tender
Updated at 11:19 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares edged higher Thursday after billionaire Tesla (TSLA) – Get Tesla Inc Report CEO Elon musk said he is still intere...
NFT Investments PLC mulls £96M acquisition of Pluto Digital
On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible tokens, or NFTs, space, announced that it would no longer pursue a 96 million pound ...
The Sandbox Mulls Another Funding Round, New Acquisitions, But no IPO
According to Sebastien Borget, chief operating officer and co-founder, the firm is planning “aggressive” moves in mergers and acquisitions. The firm has doubled its employee count since last year to 2...
Grayscale Mulls Suing The SEC If Its Spot Bitcoin ETF Application Is Rejected ⋆ ZyCrypto
Advertisement     In an interesting plot twist, Grayscale Investments has indicated that it could take the U.S. Securities Exchange Commission (SEC) to court if the re...
Grayscale Mulls Lawsuit Against SEC if Bitcoin Spot ETF Gets Rejected
Grayscale may go so far as to file a lawsuit against the U.S. SEC if the latter does not approve its bitcoin spot ETF. CEO Michael Sonnenshein said the option was on the table in an interview with Blo...
IPO Stock Amylyx: Why Its Breakdown Was Short-Lived As FDA Mulls ALS Drug
IPO stock Amylyx Pharmaceuticals (AMLX) surged Friday ahead of an important Food and Drug Administration meeting to discuss its ALS treatment. X On Wednesday, a panel of experts will weigh the benefit...
Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Most cryptocurrencies traded higher on Thursday ...
Bitcoin Gains $20 Billion After Russia Mulls Accepting BTC For Natural Resource Sales ⋆ ZyCrypto
Advertisement     Bitcoin is rallying following reports of Russia considering accepting the cryptocurrency for the exports of its natural resources, gaining over 5% on...
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
Earlier this year, Indian Finance Minister Nirmala Sitharaman had announced a 30% capital gains tax on crypto, a 1% tax deducted at source (TDS), no offsetting of losses, and taxes on gifts too. There...