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Hive has applied the British Columbia Securities Commission for a management cease trade order, which restricts its CEO and CFO from trading shares until the filing has been completed. Source
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Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through a
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The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021. Source
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The platform, which has positioned itself as the NFT marketplace for “pro traders” since its launch in October, gained traction among seasoned JPEG slingers for its zero trading fees, marketplace “floor sweeping,” reveal sniping and advanced analytics. It is also backed by a number of industry heavy-hitters, including venture-capital giant
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The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto Brokers
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A key set of crypto tax reporting rules is being delayed until further notice under a decision made by the United States Treasury Department. The rules were supposed to be effective in the 2023 tax filing year, in accordance with the Infrastructure Investment and Jobs Act passed in November, 2021.The
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The Central African Republic has pushed the anticipated listing of its national crypto to next year due to unfavorable parameters.The Central African Republic (CAR) recently announced a delay in listing its national crypto token due to prevailing market conditions. According to the landlocked country, its Sango Coin listing would not
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“We are going to postpone the listing of sango and the 5% release to Q1 [the first quarter of] 2023,” said the statement, posted by moderators in sango’s Telegram channel, cited “current market conditions” and seasonal factors such as the holiday season. Source
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The full-stack Bitcoin (BTC) mining software and services provider Luxor Technology is introducing a marketplace for miners where users may buy hosting services for their mining equipment. When purchasing bitcoin mining computers through Luxor's brokerage service, which was introduced earlier this year, miners will be able to compare hosting options.
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