Category: Considers
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Top New Crypto to Buy as Japan Considers Approving Bitcoin ETFs
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Japan is a major shift in its position on the cryptocurrency. The Financial Services Agency (FSA), which has imposed a 55 % sharp tax on encryption income, is now considering reducing it to 20 % more manageable. In addition, Japan explores the approval of the investment funds circulating in Bitcoin,…
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Mandelson’s Washington bid under scrutiny as Donald Trump’s team considers UK ambassador choice
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Downing Street remains cautiously optimistic about Lord Mandelson getting the nod as Britain’s new ambassador to Washington, despite reports that Donald Trump’s incoming administration has raised questions about his “political baggage”. Mandelson, a former Labor government minister and European Trade Commissioner, is awaiting final signing for the prestigious position. Dame…
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Donald Trump Considers Crypto Enthusiasts For CFTC Chair
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President-elect Donald Trump is reportedly considering appointing prominent figures with pro-crypto stances to lead the Commodity Futures Trading Commission (CFTC), an agency poised to play a pivotal role in the digital asset industry. This move is consistent with Trump’s campaign promises to transform the United States into the “cryptocurrency capital…
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Intel Considers Outsiders for CEO, Including Marvell’s Head
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(Bloomberg) — Intel Corp.’s research will focus… About a new CEO is largely on the outside, as the chipmaker considers candidates such as the head of Marvell Technology Inc. Matt Murphy and former CEO of Cadence Design Systems Inc. Lip-Bu Tan, according to people familiar with the situation. Most read…
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Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash
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Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK’s march towards widespread electric vehicle adoption. The Treasury is reviewing whether to scrap or…
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Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash
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Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK’s march towards widespread electric vehicle adoption. The Treasury is reviewing whether to scrap or…
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Wales considers 25% income tax cut to tackle rural depopulation and ‘brain drain’
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The Welsh government is considering introducing tax cuts to stem the tide of people leaving the country, especially from rural areas, and to preserve the Welsh language. Inspired by Spain’s Castilla-La Mancha, where rural residents are offered a 25% income tax cut, the Welsh-speaking Communities Commission has recommended a similar…
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Wales considers 25% income tax cut to tackle rural depopulation and ‘brain drain’
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The Welsh government is considering introducing tax cuts to stem the tide of people leaving the country, especially from rural areas, and to preserve the Welsh language. Inspired by Spain’s Castilla-La Mancha, where rural residents are offered a 25% income tax cut, the Welsh-speaking Communities Commission has recommended a similar…
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China EV maker Xpeng considers Europe factory in areas with ‘low labor risks’
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Xpeng Inc. is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle maker to seek to mitigate the impact of import tariffs by building its vehicles in the region. Volkswagen AG’s Chinese partner is in the early stages of selecting a site in the European…
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Crypto As A Weapon? Russia Considers Stablecoins To Fight Sanctions
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Russia’s shift towards stablecoins comes against the backdrop of its presidency of the BRICS group (Brazil, Russia, India, China, and South Africa). BRICS The BRICS countries have previously discussed creating a digital currency-based payment system, the BRICS Bridge, to reduce reliance on the US dollar-dominated global financial system. But sanctions…
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Crypto As A Weapon? Russia Considers Stablecoins To Fight Sanctions
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Russia’s shift towards stablecoins comes against the backdrop of its presidency of the BRICS group (Brazil, Russia, India, China, and South Africa). BRICS The BRICS countries have previously discussed creating a digital currency-based payment system, the BRICS Bridge, to reduce reliance on the US dollar-dominated global financial system. But sanctions…
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CMA Considers Capping Vet Prescription Fees Amid Sector Probe
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The UK Competition and Markets Authority (CMA) is considering capping veterinary prescription fees as it digs deeper into the sector to address concerns that pet owners are being overcharged for treatment. The CMA’s formal investigation comes after it received 56,000 responses from pet owners, vets and charities following a review…
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EU Regulator Considers Approving Bitcoin for UCITS Products
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The European Securities and Markets Authority (ESMA), the European Union’s financial regulatory body, is review Whether Bitcoin will be allowed into the region’s €12 trillion mutual fund market remains to be seen. JUST IN: ?? EU Securities Authority is exploring the possibility of an addition #Bitcoin And exposure to cryptocurrencies…