Thursday, November 7, 2024
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X will foot legal bills of users unfairly treated by employers for posting or liking content: Elon Musk

Elon Musk stated that his social media company X (formerly Twitter) will fund the legal bills of any user that was treated unfairly by their employer for engaging with content on the platform. In an April 5 X thread announcing the move, Musk said that lawsuits of any scale will

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Japanese regulators want crypto treated like traditional banks

Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector.According to the deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, Mamoru Yanase, crypto needs to be controlled.“If you like to implement

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SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets – Regulation Bitcoin News

SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.” SEC Chairman Gensler on

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Asset Manager Van Eck Says Stablecoins Should Be Treated as Investment Funds, Not Banks

Second, van Eck recommended not forcing tax withholdings on stablecoins in the future. That move would give stablecoins an opportunity to prove their value in the U.S. “Most stablecoins currently don’t pay dividends,” he wrote. “We need, however, to imagine a day when stablecoins pay interest and plan technologically and

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