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Nalezeno "Crypto-friendly": 231

Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman


Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman. In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online...

Job Cuts at Silvergate as Crypto-Friendly Bank Winds Down After FTX Collapse


Silvergate Capital, the parent company of now-defunct crypto-friendly bank Silvergate Bank, has announced another major layoff that would impact 230 employees.  In a recent filing with the Securities and Exchange Commission (SEC), the company said it would have just 80 employees left by the end...

Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag


Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of crypto-friendly El Salvador on its rooftop. Bitcoin Racing...

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025


Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus...

Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms


China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance.  According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...

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