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Nalezeno "21/21 plan": 1352

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin


Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....

BRICS Nations Discuss Expansion Plan as Membership Interest Grows


The BRICS countries are developing guidelines in response to increasing demand from countries seeking to join, according to South Africa’s Foreign Affairs Minister Naledi Pandor. “BRICS is attracting a lot of interest from a number of countries, and our sherpas are working on...

Crypto Self-Regulatory Organization Plan Floated in US House Hearing


US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge. Rep. Stephen Lynch, D-Mass., asked former CFTC Chair Timothy Massad what measures would...

Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says


Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....

Voyager Digital Provides Update on Reimbursement Plan for Creditors


Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...

Systemic Swiss Banks Not Ready for Crisis, Regulator Says


Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks...

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