Category: Urgent
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Ireland To Draft Urgent Crypto Laws Ahead Of EU’s Crackdown On Money Laundering
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Ireland appears to be taking rapid action to implement new cryptocurrency regulations in anticipation of upcoming EU anti-money laundering (AML) and counter-terrorism financing (CTF) standards. Finance Minister Jack Chambers Announce to the Cabinet that urgent legislation will be drafted to update the country’s cryptocurrency regulations before new EU laws come…
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Ireland To Draft Urgent Crypto Laws Ahead Of EU’s Crackdown On Money Laundering
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Ireland appears to be taking rapid action to implement new cryptocurrency regulations in anticipation of upcoming EU anti-money laundering (AML) and counter-terrorism financing (CTF) standards. Finance Minister Jack Chambers Announce to the Cabinet that urgent legislation will be drafted to update the country’s cryptocurrency regulations before new EU laws come…
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The Urgent Need for Bitcoin Tax Reform to Encourage Everyday Use
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The debt-based monetary system has gone too far. On the one hand, the United States has surpassed the $35 trillion national debt threshold, placing a burden of $104,000 on every American citizen. On the other hand, the Congressional Budget Office (CBO) puts federal spending for 2024 at $1.2 trillion. 24.2%…
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$43 Million Breach Sparks Urgent Security Response
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In a shocking turn of events, BingxRecently, BingX, a prominent cryptocurrency exchange, suffered a massive security breach, resulting in an estimated loss of $43 million. The breach was identified by security firm PeckShield, and exploited vulnerabilities in the BingX Hot Wallet. As the news spread, users were understandably concerned about…
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$43 Million Breach Sparks Urgent Security Response
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In a shocking turn of events, BingxRecently, BingX, a prominent cryptocurrency exchange, suffered a massive security breach, resulting in an estimated loss of $43 million. The breach was identified by security firm PeckShield, and exploited vulnerabilities in the BingX Hot Wallet. As the news spread, users were understandably concerned about…
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Urgent reforms needed to tackle mounting debt crisis in Africa
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Africa’s debt stocks have grown significantly over the past decade. Understandably, African governments took advantage of historically low interest rates in the 2000s and borrowed heavily from international capital markets and China. But debt has become more expensive lately. Since 2020, the impacts of COVID-19 and the ongoing war in…
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Parliament seeks urgent hearing of appeal on tax waivers to Japanese staff, firms
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Parliament has written to the Court of Appeal over delays in hearing a case challenging tax breaks given to Japanese workers and companies. In a letter to the Deputy Registrar of the Court of Appeal, Parliament indicated that the six-month suspension of the ruling repealing Section 13 of the Income…