Category: Government
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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…
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Natwest buys back £1bn in shares from Treasury as government stake drops to 11%
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NatWest has bought £1bn of its own shares from the UK Treasury, reducing the government’s stake in the FTSE 100 lender to just over 11%. This buyback, the second of its kind in 2024, saw NatWest acquire 263 million shares at 380.8p per share, a move chief executive Paul Thwaite…
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Fraser Institute News Release: 7-in-10 provinces had combined government debt burdens that exceeded the size of their entire economies in 2022, curbing economic growth
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Article content VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) — Combined federal and provincial government debt in seven provinces exceeds the value of all goods and services produced in those provinces through 2022, dampening economic growth and living standards, according to a report. A new study published by the…
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Fraser Institute News Release: 7-in-10 provinces had combined government debt burdens that exceeded the size of their entire economies in 2022, curbing economic growth
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Article content VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) — Combined federal and provincial government debt in seven provinces exceeds the value of all goods and services produced in those provinces through 2022, dampening economic growth and living standards, according to a report. A new study published by the…
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GOV.UK Forms to streamline public access to government services across the UK
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The UK Government has launched GOV.UK Forms, a new digital tool designed to make the public’s access to essential government services online faster and easier. After a successful pilot phase, the platform has now been launched in all government departments, allowing citizens to complete applications and forms online without the…
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Cost of running government rises by Sh12bn despite austerity pledge
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The cost of running public offices under the national government rose by about Sh12 billion in the first quarter of the current financial year despite austerity measures announced following the collapse of a new, higher tax plan. Latest data from the National Treasury showed that state ministries, departments and agencies…
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UK Government nets £1.5bn profit from Octopus-Bulb deal, closing the bailout chapter
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The UK government has secured a £1.5bn windfall following Octopus Energy’s takeover of collapsed energy supplier Bulb, marking the conclusion of the Bulb rescue saga. Octopus Energy has paid more than £3bn to the government, providing a major financial boost amid pressing budget constraints. The government intervened in November 2021…
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UK Government nets £1.5bn profit from Octopus-Bulb deal, closing the bailout chapter
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The UK government has secured a £1.5bn windfall following Octopus Energy’s takeover of collapsed energy supplier Bulb, marking the conclusion of the Bulb rescue saga. Octopus Energy has paid more than £3bn to the government, providing a major financial boost amid pressing budget constraints. The government intervened in November 2021…
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Nine commercial banks minted Sh110.39bn from government securities
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Kenya’s nine top-tier banks have generated a total of Sh110.39 billion in interest income from their investments in government securities in six months. Disclosures from the lenders’ unaudited financial statements show that the interest income they earned from their investments in government securities increased by 17.87 percent to Sh110. 37…