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Coca-Cola Reports Strong Q3 2023 Results Defying Industry Expectations

Coca-Cola is one of the few beverage and food companies worldwide still standing strong despite the ongoing global financial meltdown.  Coca-Cola Co (NYSE: KO), the global beverage giant, has demonstrated impressive resilience in its recently reported third-quarter (Q3 2023) earnings, beating analysts’ estimates and raising its outlook for the full year. The

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IRS crypto tax reporting rules threat to industry — Coinbase legal chief

Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations, as they could set a dangerous precedent for surveillance.Grewal took to X (formerly

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Middle East regulatory clarity drives crypto industry growth — Binance FZE head

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.Alex Chehade, who heads Binance's local operation in Dubai, tells Cointelegraph reporter Ezra Reguerra that progressive regulatory frameworks in the region are a major drawcard for startups and

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Chia Network cuts staff, citing banking crises and industry skepticism

The San Francisco-headquartered firm fired 26 employees in an effort to go public despite banking challenges. Chia Network Inc., the firm behind the Chia blockchain, has cut 26 “positions” as it still eyes an initial public offering. We’re sharing the difficult news that we eliminated 26 positions across Chia Network today. We

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Industry leaders and policymakers weigh in on a potential US gov’t shutdown

The United States House of Representatives has rejected a bill passed on by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with far-right lawmakers in the House — all actions suggesting that the U.S. government is heading toward at

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Taiwan’s major crypto exchanges form association to advance industry interests

As Taiwan regulators prepare to lay out a crypto regulation framework in September, Taiwan’s digital asset platforms have announced the establishment of an industry association. MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. The preparatory group for the association

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