Russia Says It Has No Plans To Accept Bitcoin As Currency

The Kremlin has stated in unequivocal terms that it isn’t ready to accept Bitcoin as legal tender. A spokesman for the government, Dmitry Peskov noted that “pseudo currencies can cause harm” to the financial system. Russia has endured a rocky relationship with cryptocurrencies, formerly barring public officials from owning them. Europe’s largest country, Russia has… Continue reading Russia Says It Has No Plans To Accept Bitcoin As Currency

BREAKING: Coinbase plans to raise $1.5B via debt offering

Coinbase, the largest cryptocurrency exchange in the United States, is planning to raise $1.5 billion via a debt offering, the company officially announced Monday. The Nasdaq-listed crypto exchange is looking to use the capital raised to further grow the company’s balance sheet for general corporate purposes as well as potential investments and acquisitions of other… Continue reading BREAKING: Coinbase plans to raise $1.5B via debt offering

BREAKING: Coinbase plans to raise $1.5B via debt offering

Coinbase, the largest cryptocurrency exchange in the United States, is planning to raise $1.5 billion via a debt offering, the company officially announced Sept. 13. The Nasdaq-listed crypto exchange is looking to use the capital raised to further grow the company’s balance sheet for general corporate purposes as well as potential investments and acquisitions of… Continue reading BREAKING: Coinbase plans to raise $1.5B via debt offering

Biden administration plans tougher action to rein in meat prices

By Trevor Hunnicutt    WASHINGTON (Reuters) -The Biden administration plans to take a tougher stance toward meatpacking companies it says are causing sticker shock at grocery stores.    Four companies control much of the U.S. meat processing market, and top aides to President Joe Biden blamed those companies for rising food prices in a blog on Wednesday. … Continue reading Biden administration plans tougher action to rein in meat prices

Government’s plans to ‘reset’ immigration policy missing the boat

As employers cry out for workers, migrants queue in frustration and others prepare to leave, Government plans to “reset” immigration policy appear to be missing the boat. By Jane Clifton. In 2018, then-immigration minister Iain Lees-Galloway caused ructions for the Labour-led Government when he bluntly told business that firms that couldn’t afford to pay their… Continue reading Government’s plans to ‘reset’ immigration policy missing the boat

Square plans to buy Afterpay—will Dorsey’s DeFi dreams come true?

San-Francisco based fintech company Square Inc (NYSE: SQ) has announced that it plans to acquire fast-growing Aussie financial firm Afterpay (ASX: APT). The deal is set to be worth AU$39 billion (US$29 billion), making it the largest corporate takeover in Australian history. Square will acquire all of the existing Afterpay shares, and the deal is… Continue reading Square plans to buy Afterpay—will Dorsey’s DeFi dreams come true?

NCR Corporation plans to purchase Bitcoin ATM company LibertyX

Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs. In a Monday announcement, NCR said it expected to purchase LibertyX later this year depending on regulatory licensing consents and approvals. The firm said it planned to offer LibertyX’s capabilities as part… Continue reading NCR Corporation plans to purchase Bitcoin ATM company LibertyX

1inch Foundation plans to distribute 10M tokens to compensate for gas costs

The non-profit arm of decentralized exchange aggregator 1inch plans to give away more than $23 million to users starting September 1. In an announcement on Tuesday, the 1inch Foundation said it would begin distributing 10 million of its native 1INCH in an effort to refund gas costs for users who stake the tokens. The foundation… Continue reading 1inch Foundation plans to distribute 10M tokens to compensate for gas costs

Amazon has no Plans to Accept Bitcoin Payment, Says Spokesperson

E-commerce giant Amazon has denied reports making the rounds that the company was making plans to accept payment in bitcoin by the end of 2021. Amazon not Accepting Bitcoin Payment According to Reuters on Tuesday (July 27, 2021), Amazon stated that there were no plans to support bitcoin payments on its platform. However, the company… Continue reading Amazon has no Plans to Accept Bitcoin Payment, Says Spokesperson

US plans three secret spy bases to track Russia and China satellites

AMERICA plans to build a deep space spy base in the UK to protect satellites from Russian and Chinese weapons. The US Space Force is examining sites in Scotland and the south of England for a tracking installation, as well as others in Texas and Australia. The Deep Space Advanced Radar Capability, or DARC, can… Continue reading US plans three secret spy bases to track Russia and China satellites

Japan: CBDC Plans to Take Shape in Late 2022, Says Government Official

Japan’s central bank digital currency plans will reportedly take shape by the end of 2022 as CBDC development across the globe gathers pace. With China leading the charge, other major economies seem to be working towards international collaboration to counter Beijing’s national digital currency ascendency. Japan’s CBDC Still an Experimental Project According to Reuters, the… Continue reading Japan: CBDC Plans to Take Shape in Late 2022, Says Government Official

Greenidge plans to expand mining operations to South Carolina

Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year. In a Friday announcement, Greenidge said it would be operating in a carbon neutral crypto mining facility in the city of Spartanburg. The company said it had signed a letter of intent for a 10-year lease… Continue reading Greenidge plans to expand mining operations to South Carolina

Rangers Protocol plans testnet launch for mid-July

Describing itself as a provider of “virtual worlds blockchain infrastructure,” the Rangers Protocol will open its testnet to users starting in July. In a Thursday announcement at the Global DeFi Summit, Rangers Protocol co-founder Mary Ma said the project would be aiming for a mid-July launch of its testnet following $3.7 million seed and private… Continue reading Rangers Protocol plans testnet launch for mid-July

Joe Biden plans new 'death tax' that would see huge tariff on inherited homes despite promise not to increase rates

JOE Biden is planning to introduce a "death tax" that could punish Americans who were intending to leave their home to their kids. It comes just months after the president pledged not to raise taxes for Americans earning less than $400,000. Read our Biden live blog for the very latest news and updates… For properties… Continue reading Joe Biden plans new 'death tax' that would see huge tariff on inherited homes despite promise not to increase rates

Mark Cuban-backed Dave plans public offering through SPAC

Fox Business Flash top headlines for June 7 Check out what’s clicking on FoxBusiness.com. Dave, a banking app backed by Dallas Mavericks owner Mark Cuban, is planning to go public through a business combination with Chicago-based global investment firm Victory Park Capital's special purpose acquisition company, VPC Impact Acquisition Holdings III, Inc. Special purpose acquisition… Continue reading Mark Cuban-backed Dave plans public offering through SPAC

Indonesia announces plans for central bank digital currency

The Bank of Indonesia has announced plans to issue a central bank digital currency (CBDC), becoming the latest global central bank to indicate a move towards a state-backed digital currency. The bank’s governor, Perry Warjiyo, recently announced the plans to launch a digital rupiah, amid surging uptake of digital payment solutions in the country. Noting… Continue reading Indonesia announces plans for central bank digital currency

Loveland developer plans to buy, restore historic Elks Lodge – The Denver Post

Loveland developer Howard Perko — who has made his mark upgrading and restoring historic buildings — plans to reinvigorate the more than century-old Elks Lodge in downtown Loveland. “It was really a vibrant part of the community,” said Perko, who with his wife Diana, plans to buy the building on the corner of Fourth Street… Continue reading Loveland developer plans to buy, restore historic Elks Lodge – The Denver Post

Made.com plans to raise £100m in London listing

Hundreds of staff to cash in shares in float that could value furnishings website at more than £1bn Last modified on Tue 25 May 2021 15.06 EDT The online furnishings seller Made.com is planning to raise £100m via a stock market listing expected to value the British company at more than £1bn and allow hundreds… Continue reading Made.com plans to raise £100m in London listing

Hungary plans Bitcoin tax cut as part of economic recovery program

Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the COVID-19 pandemic. In a video that appeared on Facebook Tuesday, Finance Minister Mihaly Varga outlined the government’s stimulus program through 2022. As part of the post-COVID-19… Continue reading Hungary plans Bitcoin tax cut as part of economic recovery program

Hungary plans Bitcoin tax cut as part of economic recovery program

Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the Covid-19 pandemic. In a video that appeared on Facebook Tuesday, Finance minister Mihály Varga outlined his government’s stimulus program through 2022. As part of the post-Covid-19… Continue reading Hungary plans Bitcoin tax cut as part of economic recovery program

Blockcap plans to have 50K Bitcoin miners operational by 2023

One of the largest crypto mining firms in North America said that it has acquired an additional 8,000 rigs and has begun mining other cryptocurrencies.  In an announcement from Blockcap on Monday, the mining firm said it planned to have more than 50,000 mining rigs online by the end of 2022. Blockcap now controls more… Continue reading Blockcap plans to have 50K Bitcoin miners operational by 2023

Turkey plans central custodian bank following digital currency exchange fraud

Authorities in Turkey are reportedly planning to set up a central custodian bank for holding digital assets, following a number of arrests at some of the country’s digital currency exchanges in recent days. After employees were arrested at Turkish exchanges Vebitcoin and Thodex over the past week in connection with fraud allegations, senior government officials… Continue reading Turkey plans central custodian bank following digital currency exchange fraud

FDA announces plans to ban menthol cigarettes

More On: cigarettes Biden administration expected to ban menthol cigarettes Marlboro maker Philip Morris is eyeing the pot market, CEO says Biden admin weighing cutting nicotine levels in cigarettes: report Decades of smoking inside turned home orange US health regulators have announced plans to ban menthol cigarettes — but critics argue it could fuel a… Continue reading FDA announces plans to ban menthol cigarettes

Ball Corp. plans $52M Georgia warehouse, hiring 70

ROME, Ga. — A Westminster company that makes aluminum cans and cups is buying land in northwest Georgia to build a $51.8 million distribution center that will add 70 jobs. Ball Corp., of Westminster, will pay the Rome-Floyd County Development Authority and Development Authority of Floyd County about $3.8 million for the land. The company… Continue reading Ball Corp. plans $52M Georgia warehouse, hiring 70