The SEC has repeatedly been in the news this week. It has been called out multiple times by lawmakers, lawyers, and judges for manipulating situations and overreaching outside its jurisdiction. It has...
Tag: Plans
Taiwan Plans To Stop Crypto Purchases Via Credit Cards – crypto.news
According to a recent report, Taiwan is getting ready to prohibit all credit card purchases of cryptocurrency from banks. The Financial Supervisory Commission (FSC), the nation’s financial watchdog, h...
FTX draws up plans to aid Voyager users access liquidity
Voyager Digital, which is currently undergoing bankruptcy proceedings, may resume withdrawals in collaboration with FTX if it continues its restructuring process. In a joint suggestion to Voyager Digi...
This Is How Cardano Plans to Attract 100 Million Africans into Crypto
Cardano’s African campaign continues to gain momentum. This time, it was announced that Adaverse, Cardano’s ecosystem accelerator, has participated in the seed funding round for Afriguild,...
California Plans to Accept Bitcoin for Political Campaign Donations
California has finally lifted its ban on sending and receiving donations in cryptocurrencies for political campaigns, leaving the likes of Arkansas and North Carolina. According to a Los Angeles Time...
Thailand Plans to Amend Regulations Governing Crypto Assets
Thailand’s crypto regulation is under scrutiny as the government plans to amend digital asset rules. The country’s regulators said that action needs to be put into place as a recent crypto...
Fortnite Creator Has No Plans To Follow in the Footsteps of Minecraft’s NFT Ban, Says Epic Games CEO
Epic Games is weighing in on the debate about whether mainstream video games should incorporate blockchain-based digital assets. In a new tweet, Epic Games CEO and Fortnite founder Tim Sweeney respond...
South Korea Delays Crypto Tax Plans Again, This Time to 2025
South Korea has once again delayed the implementation of a cryptocurrency tax regime. The 20% capital gains tax will now come into effect in 2025. South Korean authorities have decided to postpone tax...
Ethereum Backed Staking Service Lido Finance Plans Its Expansion Across Layer 2
Lido Finance, a cryptocurrency staking service firm, declares its intention to spread across the Ethereum Layer two networks. Furthermore, the company announced that it would extend its support to the...
Amazon Makes Moves In Healthcare With Plans To Acquire One Medical
Getty Images Key takeaways Amazon plans to acquire healthcare provider One Medical for $18 per share in a deal valued at $3.9 billion One Medical, which went public in 2020, operates a network of heal...
UK plans to regulate stablecoins under a new financial bill
On Wednesday, the United Kingdom parliament tabled the Financial Services and Markets Bill. The bill is meant to preserve the status of the UK as a leading financial hub after Brexit. The bill is comp...
South Korea Proposes to Defer Planned Crypto Tax Until 2025 South Korea Defers Crypto Tax Plans Until 2025
In a tax reform introduced on Thursday, the South Korean government proposed to postpone the planned 20% tax on crypto earnings for two years. If accepted, crypto earnings in South Korea will be taxed...
Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023 – Bitcoin News
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produ...
Christies Art & Luxury Auction Firm Plans to Support Web3 Startups, NFTs
A famous art auctioning firm, Christie’s, has initiated an investment fund to support growing Web3 firms. Today, the organization revealed that the inauguration of this initiative would support the fr...
ZK Roll Up Wars Heat up, Matter Labs Announces Its Plans For ZkSync
Matter Labs, parent company of the zero-knowledge rollup zkSync, announced on blogging platform Medium on Wednesday, its plans to launch zkSync 2.0 to Ethereum’s mainnet in 100 days and included a pub...
How Blockchain MMORPG Cradles and its Time-Lapsing Virtual World Plans to Shake-Up Online Gaming
Blockchain-based technologies, as expressed by cryptocurrencies and other forms of digital assets like non-fungible tokens (NFTs), are beginning to make their presence felt in many different industrie...
Dubai Crown Prince Plans To Provide ‘Virtual Jobs’ To 40,000 People
Dubai is ramping things up in the virtual stratosphere with the promise of jobs to its constituents. In a recent strategy unveiled by Dubai’s crown prince, Sheikh Hamdan bin Mohammed, it was said that...
Toyota plans to develop light duty hydrogen fuel-cell trucks
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztia...
Ford Plans to Cut Several Thousand Salaried Jobs
Ford Motor Co. is planning to cut several thousand white-collar workers as it looks to trim costs to position the company for a long-range transition to electric vehicles, according to people familiar...
Crypto Exchange FTX Reportedly Plans to Raise Fresh Funds After Acquisition Spree
Sam Bankman-Fried’s cryptocurrency exchange FTX is planning to raise fresh funds after its recent acquisition spree amidst the crypto bear market, Bloomberg reported Wednesday, citing people familiar ...
Macy’s speeds up plans to open smaller stores outside of malls
In 2020, Macy’s opened its first Market by Macy’s location, which was in the Dallas-Fort Worth area. Source: Macy’s Macy’s is accelerating its plans to open smaller stores that...
Celsius Identifies Mining Operations as One Way of Recouping Losses Ahead of Reorganization Plans
Celsius has stated at a bankruptcy hearing that its mining outfit should be able to repay some creditors ahead of total reorganization. Embattled crypto loan company Celsius Network revealed its reorg...
Singapore Plans to Strengthen Its Regulations on Cryptos
Singapore has voiced its intentions to broaden the scope of cryptocurrency regulations in the country. The Monetary Authority of Singapore (MAS) plans to consult and revise its proposed regulations in...
Spirit Airlines plans Houston crew base, its third new outpost in five months
A Spirit Airlines aircraft takes off at La Guardia Airport. John Nacion | LightRocket | Getty Images Spirit Airlines said Tuesday it plans to open a crew base at George Bush Intercontinental Airport i...
UK plans $95 million hydrogen gigafactory
A sign for a hydrogen fuel pump at a train refueling station in Germany. Hydrogen has a diverse range of applications and can be used in a number of industries. Krisztian Bocsi | Bloomberg | Getty Ima...