Kenya Moves Closer To Imposing Capital Gains Tax On Crypto Assets
Key Insights Kenya progresses bill designating crypto as securities and mandating capital gains taxes Private member legislation approved by parliamentary…
Crypto Firm BitMama Bids $1 Million to Buy Payday
Nigerian crypto startup BitMama offers to acquire distressed fintech Payday for $1M in equity deal Acquisition would allow BitMama to…
Oil Prices Seen Rising to $100 in 2024 on OPEC+ Supply Cuts
Key Insights OPEC+ nations pledge voluntary oil output cuts totaling 2.2M bpd, boosting prices despite messy rollout Saudi Arabia extending…
Robinhood is Bringing Stock Trading App to UK Investors Early 2024
Key Insights Robinhood announces plans to launch UK stock trading app in early 2024 after previous attempts stalled CEO Tenev…
OpenAI Sam Altman Regains CEO Seat After Chaotic Weeks
Key Insights OpenAI CEO Sam Altman returns to post after brief, unexpected departure with Microsoft gaining board seat Altman confirms…
Binance to End Support for its BUSD Stablecoin Next Month
Key Insights Binance to end all support for its BUSD stablecoin by Dec 15th after issuer Paxos halted minting Users…
Stocks Rally on Hopes of Fed Rate Cuts Despite Lingering Recession Fears
Key Insights Stocks rally in November on increasing hopes Fed could start cutting rates by mid-2024 despite economic uncertainties Investors…
Philippines Threatens to Block Binance for Operating Without License
Key Insights Philippines warns may soon block Binance for operating crypto exchange without license Promoting Binance trading now carries potential…
UK Urges Voluntary Disclosure of Unpaid Crypto Taxes to Avoid Penalties
Key Insights UK government urges voluntary disclosure of unpaid crypto taxes, before penalties and enforcement action Applies to capital gains/income…
Cristiano Ronaldo Hit With Lawsuit Over Promoting Binance Crypto Platform
Key Insights Cristiano Ronaldo hit with class action lawsuit over promoting Binance’s crypto platform and tokens Plaintiffs allege losses from…