Category: CEO
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CoinDCX CEO clarifies India’s crypto tax regulations and their impact
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Sumit Gupta, co-founder and CEO of Indian cryptocurrency exchange CoinDCX, recently spoke with crypto.news in an exclusive interview, discussing how cryptocurrency tax policies in India have impacted the industry. The introduction of taxes on cryptocurrencies in the 2022 Union Budget marked a watershed moment for the cryptocurrency economy in India.…
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Former CEO Starts Prison Sentence for Dirty Money
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The Lompoc Federal Correctional Institution closed its doors on a fallen giant this week. Changpeng Zhao, known as “CZ” and the billionaire founder of Binance, the world’s largest cryptocurrency exchange.He began imprisonment for four months A penalty for failing to prevent money laundering on its platform. Binance case spurs regulation…
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Former CEO Starts Prison Sentence for Dirty Money
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The Lompoc Federal Correctional Institution closed its doors on a fallen giant this week. Changpeng Zhao, known as “CZ” and the billionaire founder of Binance, the world’s largest cryptocurrency exchange.He began imprisonment for four months A penalty for failing to prevent money laundering on its platform. Binance case spurs regulation…
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Citi Trends names Ken Seipel as interim CEO, releases Q1 results By Investing.com
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SAVANNAH, GA – Citi Trends, Inc. announced… (NASDAQ: CTRN), a value-added retailer of apparel, accessories and home trends, announced the appointment of Ken Sippel as interim CEO, effective June 2, 2024. David McQueen has resigned as CEO and member of the Board of Directors but will serve as a senior…
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Top proxy adviser ISS recommends against Tesla CEO Musk’s ‘excessive’ $56 billion pay By Reuters
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Written by Ross Kerber (Reuters) – Top proxy advisory firm ISS recommended that Tesla (NASDAQ:) shareholders vote against ratifying CEO Elon Musk’s $56 billion pay package, calling the compensation excessive and rejecting the plan drawn up by the electric car maker’s board. In a report sent by a representative late…
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Spot XRP, Cardano, Solana ETFs Are ‘Inevitable’: Ripple CEO
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At the ongoing Consensus 2024 conference, Ripple CEO Brad Garlinghouse said I expressed Strong confidence in the approval of the XRP spot exchange-traded fund (ETF) in the US, along with potential spot ETFs for other major altcoins such as Solana and Cardano. His statement comes at a pivotal time as…
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Spot XRP, Cardano, Solana ETFs Are ‘Inevitable’: Ripple CEO
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At the ongoing Consensus 2024 conference, Ripple CEO Brad Garlinghouse said I expressed Strong confidence in the approval of the XRP spot exchange-traded fund (ETF) in the US, along with potential spot ETFs for other major altcoins such as Solana and Cardano. His statement comes at a pivotal time as…
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This CEO Is Looking For The Next Generation Of Bitcoin Fund Managers
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“I’m sorry, but there’s nothing else I can do to help you.” Samara Asset Group (FRA:ECV) CEO Patrick Lurie had some choice words when it came to explaining how much opportunity, and perhaps myopia, exists in the financial world when it comes to Bitcoin. in Recent Twitter spaces, Lowry laid…
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Ripple CEO talks stablecoins, DC shift, ETFs
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Ripple CEO Brad Garlinghouse said there is a massive shift in the outlook for cryptocurrencies in the capital, and regulations could spur an inevitable boom in the stablecoin market. Speaking at the 2024 Consensus Conference, Garlinghouse emphasized the impact of cryptocurrencies on the upcoming election to determine the next US…
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Fold Will Be Your Bitcoin Bank With CEO Will Reeves
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Founders: Will Reeves and Matt Longo Date of Establishment: 2014; Latest company release: 2019 Headquarters location: far The amount of Bitcoin held in the vault: “Stacking since the founding of Fold” Number of Employees: 22 website: https://foldapp.com/ Public or private? private Will Reeves wants Fold to be your Bitcoin bank.…
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Brazil’s Petrobras approves Chambriard as new CEO By Reuters
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SAO PAULO/RIO DE JANEIRO (Reuters) – Brazilian state oil company Petrobras said its board of directors on Friday approved the nomination of Magda Chamberillard as the company’s new chief executive following the surprise announcement last week. Chamberyard, a four-decade industry veteran, has already taken up her new position, Petrobras said…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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Bybit CEO Denies Crypto Hack And Insolvency Rumors
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This week, online rumors claimed that the cryptocurrency exchange was experiencing insolvency issues, raising concern among the community. Amid the uncertainty, users have identified Bybit as the exchange with the alleged problems. On Wednesday, Bybit CEO Ben Zhou refuted rumors of a hack or insolvency on X, reassuring investors that…
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Institutional Bitcoin Adoption: Insights from Nathan McCauley, CEO of Anchorage Digital
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At the World of MicroStrategy: Bitcoin for Enterprise conference, Nathan McCauley, co-founder and CEO of Anchorage Digitalshared his thoughts on the increasing rate of institutional Bitcoin adoption. Anchorage Digital, the only federally chartered Bitcoin bank and leading institutional custodian, plays a critical role in facilitating this transformation of Bitcoin into…
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Joseph Kamau appointed as Athi Water Works CEO
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The Cabinet Minister for Water, Sanitation and Irrigation, Zakaria Njiru, has appointed Joseph Mungai Kamau as the CEO of the Athi Water Works Development Agency following the completion of a competitive recruitment process by the state company’s Board of Directors. Mr Kamau takes over from Michael Thwaita who was suspended…
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Ryanair’s shares are up 14% since 2020, while low-cost rival easyJet’s are down 72%—what is CEO Michael O’Leary getting right?
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Ryanair is flying high. Europe’s largest low-cost airline reported a 34% rise in after-tax profits to 1.92 billion euros ($2.09 billion) for the 12 months to March 31. Full-year revenues rose 25% to 13.44 billion euros ($14.65 billion). Although the Dublin-based company’s shares fell in morning trading, Ryanair’s shares significantly…
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Ex-BlackRock Bitcoin ETF Lead Appointed New Vanguard CEO
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Vanguard, one of the world’s largest investment firms, has named a new CEO: Salim Ramji, who previously led BlackRock’s ETF business and helped launch the spot Bitcoin ETF, IBIT, in January. JUST IN: Vanguard names new CEO Salim Ramji, a former Blackrock director #Bitcoin Lead in ETFs. Earlier, Vanguard rejected…
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Brazil President Lula Fires Petrobras CEO After Dividend Dispute
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(Bloomberg) — Brazilian President Luiz Inacio Lula da Silva fired Jean-Paul Prats, CEO of state-owned oil company Petroleo Brasileiro SA, after a dispute over dividends. Most read from Bloomberg The decision was confirmed by people familiar with the matter, who requested anonymity to discuss private matters. Petrobras, as the company…