Category: Government
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US Government To Release Half Its Bitcoin Intended for Trump’s Strategic Reserve
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Follow Nicholas on ? here for daily posts Earlier this morning, the US government announced via a court document that the bitcoin stolen from the Bitfinex hack in 2016 should be returned to the exchange in kind. This Bitcoin, as it appears publicly on the blockchain via Arkham Intelligencea total…
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US Government To Release Half Its Bitcoin Intended for Trump’s Strategic Reserve
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Follow Nicholas on ? here for daily posts Earlier this morning, the US government announced via a court document that the bitcoin stolen from the Bitfinex hack in 2016 should be returned to the exchange in kind. This Bitcoin, as it appears publicly on the blockchain via Arkham Intelligencea total…
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UK government debt sell-off accelerates as borrowing costs reach post-2008 peak
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Record borrowing costs in Britain rose to their highest level since the financial crisis, as investors dumped government debt amid persistent inflation fears. The yield on Britain’s 10-year government bond – closely watched as a measure of future interest payments on public borrowing – reached 4.82 per cent on Wednesday,…
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Steel industry urges government to choose British in offshore wind expansion
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The UK steel industry is urging the government to commit to buying British steel as part of the country’s planned offshore wind boom. Wind power now accounts for almost a third of UK electricity generation, yet less than 2% of steel used in offshore wind projects over the past five…
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Thai Government Suffers Setback in Bid to Sway Central Bank
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Breadcrumb links BMN Business The Thai government’s campaign to pressure the Bank of Thailand to cut interest rates has suffered a major setback, with the State Council Office effectively ruling that the official nominee for bank president, former Finance Minister Kitirat Na Ranong, is unsuitable. Article writer: Bloomberg News Pathum…
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Trudeau Government Teeters in Canada After Deputy Writes a Scathing Resignation
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Breadcrumb links BMN Business Prime Minister Justin Trudeau’s administration was thrown into crisis when his trusted deputy, Finance Minister Chrystia Freeland, published her resignation letter on Monday, leaving him vulnerable at the worst possible time. Article writer: Bloomberg News Thomas Seale, Brian Platt, Randy Thanthong Knight, and Laura Dillon Kane…
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Japan Union Head Calls for Government to Accelerate Wage Efforts
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Breadcrumb links BMN Business The head of the Japan Metalworkers Union urged the government to accelerate efforts to raise wages, while expressing concern about early tightening steps by the central bank. Article writer: Bloomberg News Erika Yokoyama and Akemi Terukina Posted on December 10, 2024 • 3 minutes read You…
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Japan Union Head Calls for Government to Accelerate Wage Efforts
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Breadcrumb links BMN Business The head of the Japan Metalworkers Union urged the government to accelerate efforts to raise wages, while expressing concern about early tightening steps by the central bank. Article writer: Bloomberg News Erika Yokoyama and Akemi Terukina Posted on December 10, 2024 • 3 minutes read You…
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Federal government to table fiscal update next week
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Breadcrumb links news economy Fears that Ottawa will not meet its pledge to keep the deficit below $40.1 billion Published on December 9, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Deputy Prime Minister and…
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The Guatemalan Government Is Taking A Closer Look At Bitcoin — All Because Of A Meme
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Follow Frank onX. (Author’s Note: In this article, I offer an interpretation of recent events in Guatemala through the lens of someone on the ground in the country.) On November 10, an X account was created for a Bitcoin office in El Salvador to publish Next meme: The meme that…
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The Guatemalan Government Is Taking A Closer Look At Bitcoin — All Because Of A Meme
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Follow Frank onX. (Author’s Note: In this article, I offer an interpretation of recent events in Guatemala through the lens of someone on the ground in the country.) On November 10, an X account was created for a Bitcoin office in El Salvador to publish Next meme: The meme that…
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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC To Coinbase
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This article is also available in Spanish. With the price of Bitcoin holding just below its all-time high of $99,540, the significant move by the US government has raised concerns among investors. The government has transferred a large amount of its seized Bitcoin holdings to Coinbase, which may indicate sell-off…
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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC To Coinbase
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This article is also available in Spanish. With the price of Bitcoin holding just below its all-time high of $99,540, the significant move by the US government has raised concerns among investors. The government has transferred a large amount of its seized Bitcoin holdings to Coinbase, which may indicate sell-off…
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Tractor Tax Could Affect Five Times More Farmers Than Government Claims, Expert Warns
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Rachel Reeves’ proposed changes to farm relief on inheritance tax – called the ‘tractor tax’ – could impact farmers five times as much as the Government has estimated, according to the Central Association of Agricultural Valuers (CAAV). The Treasury said the changes will affect approximately 500 farmers each year. However,…
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Government plans £100m annual levy on gambling firms to tackle harms
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Casinos and bookmakers across Great Britain are set to face a mandatory annual tax of £100 million to fund research, education and tackling gambling-related harms, under new government proposals expected to be announced soon. The move aims to replace the current voluntary donation system with a statutory tax, forcing gambling…
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Elon Musk wants to gut the government like he did at Twitter. But his private sector strategies are going to be tested at DOGE
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Elon Musk has a new job doing something he knows a lot about: firing employees. Lots of people. Now he’s about to test his ax skills in the biggest downsizing challenge in American history. He is co-chair of the Department of Government Efficiency (DOGE), which President-elect Donald Trump recently created…
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Want Greater Bitcoin Adoption? Engage With Your Government.
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It’s been a good week for Bitcoin and its standing in the eyes of Federal Deposit Insurance companies. (Okay, there’s a weird sentence I never thought I’d write.) On Tuesday, FDIC Chairman Martin Gruenberg announced that he will step down in January. Yesterday, Heritage Vallodon, CEO Digital oatmealNigeria’s leading Bitcoin…
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Trump says Musk, Ramaswamy to lead government efficiency effort
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President-elect Donald Trump announced Tuesday that billionaire Elon Musk and businessman Vivek Ramaswamy will head a new Department of Government Efficiency tasked with “dismantling government bureaucracy, cutting redundant regulations, cutting wasteful expenditures, and restructuring federal agencies.” During his campaign, Trump said the government efficiency effort would create a plan to…
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The Race Is On To Frontrun The U.S. Government
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Follow Rizzo on X. https://x.com/pete_rizzo// As the 2024 election draws to a close, it is clear that Donald Trump, the soon-to-be 47th President of the United States, will be the most pro-Bitcoin leader in US history. But the big question remains: How effective is he in activating his strategy? In…
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The Race Is On To Frontrun The U.S. Government
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Follow Rizzo on X. https://x.com/pete_rizzo// As the 2024 election draws to a close, it is clear that Donald Trump, the soon-to-be 47th President of the United States, will be the most pro-Bitcoin leader in US history. But the big question remains: How effective is he in activating his strategy? In…