Asset burning is one of the routes taken by Central Banks to manage currencies. The Shiba Inu team focuses on projects centered on burning SHIB tokens and lead developer Shytoshi Kusama said other bur...
Tag: Plans
Alibaba SEC Filing May Signal SoftBank Plans to Sell, Citi Says
(Bloomberg) — Alibaba Group Holding Ltd. registered one billion American depositary shares that hadn’t been registered before, suggesting SoftBank Group Corp. may intend to sell some of its shar...
Myanmar Junta Plans To Kickstart Its Own Digital Currency – Bane Or Boon?
Tether became an official currency in Myanmar’s shadow government in the middle of December of last year. The country’s ruling junta proposed a cryptocurrency ban as a way to combat this. Even though ...
Myanmar’s military government plans CBDC launch
TL; DR Breakdown Myanmar set to develop its CBDC The CBDC will alleviate poverty in the country Shadow government announces Tether as official legal tender The idea of creating and developing a Centra...
Thailand dropped its plans to tax crypto transactions at 15%
Crypto mainstream acceptance has become an issue of concern for several governments globally. Governments globally are looking to halt crypto transactions in their region or tax massive percentages on...
Myanmar government plans to introduce digital currency to boost its economy
According to Bloomberg, Myanmar’s military government is planning to introduce its own digital currency in the region to bolster its economic prosperity. As sources report, a top spokesperson at the S...
Ecuador Plans To Regulate BTC and Other Cryptos
The Central Bank of Ecuador is planning to come up with a framework to regulate Cryptocurrencies by the end of this year. Guillermo Avellan, the manager of the Central Bank of Ecuador reportedly said ...
Vitalik Buterin unveils plans to join Dogecoin developers
Dogecoin, the cryptocurrency project that began as a meme, has seen notable growth over the last year following celebrity wordings. Elon Musk, the CEO of Tesla, is one of the project’s most prominent ...
ITR Form Plans To Add Another Column For Crypto Profits
Alongside the approval of Cryptocurrency in the country, India’s Government also prepares steps to collect tax revenues from crypto profits. As a result, ITR forms will add a separate column in 2023 f...
Binance Now Plans To Extend Its Services In Russia Its Adjacent Countries!
The leading cryptocurrency exchange platform, Binance, is now planning to stretch out its services in Russia and its adjacent countries and aim to acquire a license to do so in regions where it is all...
International Olympic Committee plans to launch game with NFT prizes
advertisement The International Olympic Committee is collaborating with game developer nWay to launch Olympic Games Jam: Beijing 2022, a play-to-earn multiplayer game. Players can download the game on...
Ford Stock Jumps Because It Might Have Bigger EV Plans
Text size 2022 Ford F-150 Lightning Lariat. Courtesy Ford Ford Motor shares are trading near their daily highs on Tuesday after Bloomberg reported the company would spend more on vehicle electrificati...
Tanzanian Fintech Raises $10 Million, Plans to Enter 12 More African Countries – Fintech Bitcoin News
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an expansion into other African countries. Fintech Plans to Enter...
Alphabet’s CEO Sundar Pichai confirms plans to integrate blockchain
Alphabet Inc, Google’s parent company, has confirmed its interest in blockchain technology. The company’s executives confirmed this in an earnings call on Tuesday. Leading tech companies are venturing...
Ford reportedly plans to increase EV spending by up to $20 billion
The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
After Purchasing Diem, Silvergate Capital Plans to Launch its Stablecoin
Speaking at a CNBC program, Silvergate Capital CEO Alan Lane noted on Monday that the organization will launch a stablecoin later this year. Silvergate Stablecoin Silvergate CEO Alan Lane’s revelation...
India Introducing 30% Crypto Tax Amid Digital Rupee Plans
Authorities in India have decided to introduce a tax on cryptocurrency transactions, in addition to issuing a digital currency within the next two years. Finance Minister Nirmala Sitharaman made these...
India Plans To Regulate Cryptocurrencies With A Hefty 30% Tax On Gains
Topline India’s government on Tuesday announced plans to impose a 30% tax on income gained from digital assets like cryptocurrencies and non-fungible tokens (NFTs), in a move that will assuage earlier...
AT&T to Spin Off WarnerMedia, Plans Deep Cut to Its Dividend
Text size Justin Sullivan/Getty Images AT&T said Tuesday it would spin off its interest in WarnerMedia following WarnerMedia’s merger with Discovery . AT&T (ticker: T) also said its board appr...
Thailand halts crypto taxation plans
TL;DR Breakdown • Binance plans to operate in Thailand if the government eases its crypto regulations.• The country in Asia seeks to take advantage of crypto-mining. After negotiations with national r...
Thailand Presents More Relaxed Plans for Cryptocurrency Taxation: Report
The Asian country has dabbled with what sorts of tax it should put on cryptocurrency mining, trading, and transacting for months. However, the Financial Times reported that the authorities had ultimat...
Bank that bought assets from Zuckerberg’s Diem plans to launch stablecoin
Silvergate Capital CEO Alan Lane told CNBC on Monday the bank holding company hopes to launch a stablecoin by the end of this year, following its acquisitions of assets and intellectual property from ...
Game Studio Shuns ‘Worms’ Maker Team17 Over Ethereum NFT Plans
In brief Game publisher Team17 revealed plans to create Ethereum-based NFTs inspired by the Worms franchise. The announcement has received significant backlash on social media, with one game developer...
Obamacare plans are more affordable, helping the Great Resignation
Workers are quitting their jobs in record numbers – part of what is now called The Great Resignation. Around 4 million workers have quit each month between July and November 2021. Erica Leman had main...
Internet Computer plans to integrate ETH and BTC by the end of 2022
The Internet Computer (ICP/USD), a public blockchain and protocol that lets developers install smart contracts and decentralized applications (dApps) directly on the blockchain, is planning to roll ou...
Korean Industrial Giant Hyosung Plans $835 Million For Green Hydrogen Projects
getty Amid a global push to curb carbon emissions, South Korean industrial conglomerate Hyosung Group plans to invest 1 trillion won (about $835 million) in green hydrogen facilities in South Jeolla P...
Internet Computer plans to roll out BTC and ETH integrations by year-end
The Internet Computer has released a roadmap for 2022 and beyond, indicating plans to roll out integrations with Bitcoin and Ethereum by the end of the year. The Internet Computer is a public blockcha...