Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
Wall Street banks are restricting employee trading on prediction market platforms due to fears that they may use nonpublic information to trade event contracts.Goldman Sachs has reportedly banned its employees from trading on event contracts that are specific to the…
Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation.In a Friday notice, the Democratic ranking members of five US Senate committees…
Crypto exchange Kraken is adding AI-powered financial tools to its mobile app as exchanges increasingly compete to offer personalized investing tools beyond basic trading features.According to a company announcement, users will begin by setting financial goals and preferences, allowing the…
The Federal Airports Authority of Nigeria (FAAN) has defended its decision to increase operational charges for airport taxi operators and maintain its vehicle upgrade policy, following protests by some cab drivers over the directive. The authority, in a statement on…
Getting licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is only the beginning for crypto custodians, as regulators turn their attention from authorization to operational resilience.The European Securities and Markets Authority (ESMA) on Wednesday launched a Common…
The Nigerian Press Organisation (NPO) has pledged to cooperate fully with the Federal Competition and Consumer Protection Commission (FCCPC) in its investigation into major global technology companies and generative artificial intelligence (AI) platforms, saying it will provide all necessary evidence…
A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it.Just after midnight on Friday, the 21st…
Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims.Key points:New Bitcoin price analysis says that US whales are behind the latest spate of BTC price relief. The Coinbase Premium is above its 14-day moving average,…
The Nigerian Safety Investigation Bureau (NSIB) has disclosed that the Bombardier Challenger CL-601 aircraft involved in last month’s Asaba road landing aborted its initial approach to the airport before making a second attempt that ended on a site near the…
Policymakers in New Hampshire’s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC).At a Wednesday hearing, the five-member panel voted 3-2 against the New Hampshire Business Finance…
The Anambra State Government has approved a three-month tax waiver for business owners under its newly introduced Voluntary Assets and Income Declaration and Tax Regularisation Scheme (VAIDS), from 6 July to 5 September. The Commissioner for Information and Value Reformation,…
Crypto exchange Backpack has launched 24/7 trading for select tokenized US equities, allowing international investors to trade stocks including SpaceX, Micron and SanDisk around the clock.Under the initial offering, Backpack said that investors would receive direct ownership of the underlying…
The Federal High Court in Abuja has affirmed the powers of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints relating to airline ticket pricing, dismissing a suit filed by Air Peace challenging the commission’s authority. The…
Crypto’s infrastructure is starting to look a lot more like traditional finance. New data from Dune shows that the world’s stablecoin leaders — Tether’s USDT and Circle’s USDC — are no longer competing for the same users, with each now…
The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new technologies could affect productivity and jobs.Andreessen will serve on the Fed’s Productivity and Jobs task force…
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