Crypto regulation could see a major overhaul as House Republicans take steps to revamp the oversight of the emerging class asset. According to Rep. French Hill, who leads the Digital Assets, Financia...
Tag: overhaul
Biden administration set to overhaul crypto-tax regime in the United States
President Joe Biden’s taxation guidelines for 2024 will remove tax deductions for losses from crypto-wash sales New budget proposal will also double the capital gains tax from 20% to 40% United States...
China announces new financial regulator in governmental overhaul
China has announced plans for a governmental overhaul that includes the introduction of a new national financial regulator. On Tuesday, March 7, the government announced that it would abolish the Chin...
In crypto winter, DeFi needs an overhaul to mature and grow
For several months now, the decentralized finance (DeFi) sector has been on the receiving end of a major bear market, so much so that the total value locked within this space has slipped from its all-...
New CEO Says Kohl’s Doesn’t Need ‘Total Overhaul.’ Investors May Disagree
Kohl’s reported a surprise fourth quarter loss. (Photo by Bruce Bennett/Getty Images) Getty Images Tom Kingsbury, in his first earnings conference call as Kohl’s new CEO, said he wanted to make ...
China Set to Overhaul Financial System Giving Xi More Control
(Bloomberg) — Chinese President Xi Jinping is set to bring decision-making of the financial system further under his control with the likely revival of a powerful committee to coordinate financi...
Rolls-Royce Surges After New CEO Vows Higher Returns in Overhaul
(Bloomberg) — Rolls-Royce Holdings Plc surged the most in more than two years after new Chief Executive Officer Tufan Erginbilgic embarked on a strategic review, saying the UK engineering firm h...
AirDAO will overhaul tokenomics, foundation for DeFi ecosystem
AirDAO is a community-governed layer-one blockchain with a suite of web3 dApps accessible through the AirDAO Dashboard, all powered by the AMB token. The upgraded AirDAO Tokenomics lays out the change...
Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Imag...
Coaching Overhaul Won’t Change Dallas Cowboys’ Fortunes Under Mike McCarthy And Dak Prescott
The Dallas Cowboys could be looking at the end of an era with Mike McCarthy and Dak Prescott in … [+] 2023. (Photo by Christian Petersen/Getty Images) Getty Images The Dallas Cowboys have made a...
Joel Embiid’s All-Star Starter Snub Should Make NBA Overhaul Its Voting Process
PHILADELPHIA, PENNSYLVANIA – JANUARY 25: Joel Embiid #21 of the Philadelphia 76ers reacts during the … [+] fourth quarter against the Brooklyn Nets at Wells Fargo Center on January 25, 202...
Maple Finance 2.0 overhaul aims to speed the process for loan defaults
Crypto lending platform Maple Finance has unveiled a major protocol upgrade aimed at making defaults and liquidation procedures less cumbersome in the wake of recent defaults. Maple Finance is a decen...
UK announces major overhaul of its financial sector in attempt to spur growth
One Canada Square, at the heart of Canary Wharf financial district seen standing between the Citibank building and HSBC building on 14th October 2022 in London, United Kingdom. Mike Kemp | In Pictures...
China Appears To Ditch Zero-Covid In Overhaul To Pandemic Rules
Topline China on Wednesday announced it would ease some pandemic restrictions across the country, including harsh quarantine measures and lifting some barriers to travel between regions, signaling a s...
CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
U.S. Fed Chair Jerome Powell’s remarks on Wednesday signaled a likely slowing down in interest rate hikes as soon as the central bank’s mid-December meeting, causing mixed results in equity markets. T...
Q3 2022 earnings and overhaul
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that...
America’s richest want to pay more taxes–but we won’t let them. We need a tax bracket and rate overhaul
Three years ago, Emmanuel Saez and Gabriel Zucman published The Triumph of Injustice, which outlined, in stark terms, how the progressivity of America’s tax system has completely collapsed. Their anal...
Goldman Shakes Up Leadership Ranks in Yet Another Overhaul
(Bloomberg) — Goldman Sachs Group Inc’s David Solomon is embarking on his third major reorganization in just four years as chief executive officer, undoing some of the signature moves he made as...
Sushi deploys to Kava, Introducing main UI Overhaul
In the beginning of this year, Kava introduced Ethereum co-chain which left everyone in shock, flashing the fastest growth of protocols on any blockchain in this year. On September 28, Sus...
Sushi Deploys to Kava, Debuting Major UI Overhaul
San Francisco, United States, 28th September, 2022, Chainwire Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards. Earlier this year, Kava...
Telecoms Data Breach Prompts Privacy Overhaul in Australia
Australia has announced its intentions to bolster privacy regulation following a data breach at the country’s second-largest telecoms firm. The personal data of up to 10 million customers, some 40% of...
Singapore’s MAS Probes Crypto Firms Ahead of Regulatory Overhaul
The Monetary Authority of Singapore (MAS) is requesting additional information from cryptocurrency firms as the central bank prepares for impending regulatory change. Bloomberg has reported that Singa...
This Is When Japan Will Overhaul Crypto Tax Save Emerging Companies
To prevent emerging startups from migrating out of the country, Japan is planning to soon launch new crypto tax rules. The country’s Financial Services Agency and Ministry of Economy, Trade and Indust...
CryptoCom Announces “Nine-Figure Investment” To Overhaul its Stadium
As the crypto winter threatens to drive multiple cryptocurrency companies into bankruptcy, CryptoCom is still betting on expanding its brand despite recently laying off an important part of its workfo...
In Crypto Law Overhaul, Thai Central To Receive More Powers
Thailand Central Bank has planned to overhaul its crypto laws to grant more powers to the central bank. Reports have suggested that the new amendments to the regulation will include Central Bank to be...
Central Bank of Thailand to Get More Powers In New Overhaul of Crypto Rules
On one hand, as Thailand prepares for the launch of its central bank digital currency (CBDC), it is simultaneously working to tighten crypto rules. The government of Thailand is looking to tighten the...