The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will ac...
Tag: Plans
UK plans to regulate crypto sector like mainstream financial services
The UK government plans to bring the cryptocurrency sector under the regulation of mainstream financial services. The Treasury stated on Tuesday, January 31, that it would announce proposals to regula...
UK Announces Plans to Regulate Crypto – Trustnodes
The United Kingdom has proposed a comprehensive framework to regulate centralized crypto exchanges and entities like custodians. They lay out proposals in regards to crypto trading venues, intermediar...
Hong Kong Plans to Make Stablecoin Licensing Mandatory This Year
The Hong Kong regulator HKNA noted that algorithmic stablecoins like TerraUSD won’t be entertained as part of the region’s new stablecoin legislation. Over the last few months, Hong Kong has been work...
UK plans “robust” rules for crypto exchanges
The UK’s finance ministry is planning to unveil extensive cryptocurrency regulation within the next day, according to a Jan. 31 report from Reuters. The ministry, otherwise known as HM Treasury, is ex...
Dogecoin Founder Elicits Twitter Plans From Elon Musk
On Monday, Elon Musk surprised everyone with the news that Twitter had started applying for regulatory licenses to enter the payments business in the U.S., which sent the Dogecoin price soaring. As Bi...
Britain sets out plans to regulate crypto industry in wake of FTX collapse
British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The U.K. formally laid out plans to regulate the cryptocu...
Giannis Antetokounmpo Has Been Dominant This Season But Still Has Plans To Improve
Giannis Antetokounmpo is averaging a career-high 31.8 points per game this season, the third-highest … [+] mark in the NBA. (Photo by Stacy Revere/Getty Images) Getty Images For all the Milwauke...
UK Treasury outlines plans for regulating crypto exchanges and lenders
The UK Treasury published a consultation paper, which sets out plans to regulate crypto trading platforms and lenders as part of its financial services roadmap. The consultation is open for com...
James Gunn DC film, TV plans include new Batman, Supergirl
James Gunn speaks onstage at the Marvel Cinematic Universe Mega-Panel during 2022 Comic-Con International Day 3 at San Diego Convention Center on July 23, 2022 in San Diego, California. Daniel Knighto...
Hong Kong Plans to Regain Crypto Lead in Southeast Asia
Hong Kong remains committed to becoming a global cryptocurrency hub in spite of the challenges posed by markets and rivals. Hong Kong officially unveiled its new approach to cryptocurrencies during it...
Biden plans to end public health emergency on May 11
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditor...
Boeing plans to add new 737 Max production line
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Was...
Twitter: Elon Musk reportedly plans to build crypto functionality to payments service
Elon Musk’s Twitter plans on bringing payment services that could add support to crypto Dogecoin registered a rise in its value following the report Dogecoin (DOGE), Elon Musk’s go-t0 cryptocurrency, ...
White House Releases Roadmap on Biden Administration’s Plans To Tackle Crypto Risks
The Biden Administration has revealed a roadmap that it plans on using to tackle the various risks associated with the proliferation of cryptocurrencies and digital assets. In a new announcement, Bide...
Genius Brands stock soars after plans to spinoff $37 million Entrepreneur Resorts subsidiary
Shares of Genius Group Ltd. soared 43.0% toward a five-month high in premarket trading Monday, after the Singapore-based education company said it will spin off its Entrepreneur Resorts Ltd. subsidiar...
Sam’s Club Reveals Exciting New Growth Plans
(AP Photo/Gene J. Puskar) Copyright 2018 The Associated Press. All rights reserved. Walmart’sWMT Sam’s Club announced that it will reinvigorate its growth by adding 30 new clubs over the next few year...
EV carmakers work to fit auto dealers into their future plans
Customers wearing protective masks looks at the interior of a vehicle for sale at a Ford Motor Co. dealership in Colma, California, Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT —...
Marathon plans 250 MW Abu Dhabi bitcoin mining JV
Marathon Digital, a crypto mining company, is initiating a $406 million joint venture (ADGM Entity) with FS Innovation to build and run bitcoin mining operations in Abu Dhabi. The project’s first phas...
Deribit Plans Move to Dubai Pending New Regulations
Crypto derivatives exchange Deribit, famous for its association with crypto hedge fund Three Arrows Capital, plans to relocate to Dubai by Q3, 2023, pending regulatory clarity. The move comes after th...
Deribit Eyes Dubai Amidst Global Expansion Plans: Report
Crypto exchange Deribit is planning to move its main headquarters to Dubai as soon as the third quarter of this year. The Bloomberg report suggests that the new office will be staffed by a team of 10 ...
BuzzFeed stock rises more than 120% after company announces plans to use ChatGPT
BuzzFeed (BZFD) is planning to heavily lean on AI-generated content. News that sent shares of the company exploding higher, rising as much as 150% in afternoon trade. According to an internal memo obt...
Walmart-owned Sam’s Club plans to open new stores
Shoppers stock up on merchandise at a Sam’s Club store in Streamwood, Illinois. Scott Olson | Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores i...
MakerDAO Community Plans To Deposit $100 Million In Yearn Finance
The MakerDAO community has approved a proposal to deploy around $100 million worth of USDC into Yearn Finance. The decision to deposit the funds on Yearn Finance will allow MakerDAO to earn an annual...
SAP Plans to Sell Qualtrics Stake, Cut 3,000 Jobs
(Bloomberg) — SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics International Inc. as the company looks for ways to boost profit. Mo...
ECB Says Digital Euro Will Be Free, Outlines More Plans
The ECB believes that the digital euro answers the increasing preference for digital payment. Speaking to a European Parliament committee on the 23rd of January, an executive board member of the Europ...
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork – Defi Bitcoin News
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature....
Tesla plans to spend $3.6 billion more on manufacturing in Nevada
An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Tesla plans to spend $3.6 billion more on expanded battery and heavy duty truck manufacturing in Nevada, the company sa...
Stablecoin Issuer Circle Blames SEC for Derailing $9B Plans to Go Public
Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The deal between Circle an...
Celsius Plans to Pay Creditors with a Bankruptcy Crypto Token
Celsius may issue a Bankruptcy Crypto Token to overcome its problems. Bloomberg reports that the bankrupt cryptocurrency lending platform Celsius Network LLC is proposing a way out of its current circ...
Rupert Murdoch Scraps Plans To Reunite Fox And News Corp.
Topline Billionaire media mogul Rupert Murdoch on Tuesday withdrew a proposal to potentially reunite his broadcasting company Fox Corporation and publishing firm News Corporation as a single entity, w...