“`html PRESIDENT Ferdinand R. Marcos, Jr. has instructed the leaders of state-run enterprises to resign, a week after a comparable request directed at his Cabinet members, which some interpret as an effort to reclaim whatever political influence he possesses during the latter half of his solitary six-year term. In a May 26 announcement shared on its site, the Governance Commission for Government-Owned or -Controlled Corporations (GCG) under the Office of the President indicated that state firms are included in the Palace directive regarding courtesy resignations dated May 21. This aligns with “the President’s stated aim to adjust and reorient his…
Autore: wsjcrypto
“`html Sui (SUI) is constructing a compelling technical argument for a 100% price surge in the weeks ahead, further bolstered by a series of positive updates, including the recent Nasdaq ETF submission with the US Securities and Exchange Commission (SEC).Gooner EMA support increases 40% SUI rebound likelihoodAs of May 28, SUI has regained the “Gooner EMA” as a support level on the weekly chart.SUI/USDT weekly price chart. Source: NebraskanGooner/TradingViewThe Gooner EMA is a technical measure developed by trader NebraskanGooner that utilizes the 11- and 22-period exponential moving averages (EMA). When the price rises above the EMA range, it frequently results…
Ripple, the blockchain firm associated with XRP, contended that fungible cryptocurrencies should not be classified as securities during secondary transactions in a recent communication addressed to the US Securities and Exchange Commission (SEC).In its May 27 correspondence, Ripple referred to US attorney and crypto law expert Lewis Cohen to bolster its assertion. In his frequently referenced 2022 study, “The Ineluctable Modality of Securities Law: Why Fungible Crypto Assets Are Not Securities,” he articulated:“[T]here is no present foundation in the law regarding ‘investment contracts’ to categorize the majority of fungible crypto assets as ‘securities’ when exchanged in secondary transactions.”In his study,…
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Mon Abrea, a tax specialist trained at Harvard and the Chief Tax Advisor of the Asian Consulting Group (ACG), is urging the newly elected lawmakers in the Philippines to accelerate vital economic reforms that will not only draw in foreign investors but also safeguard and assist Micro, Small, and Medium Enterprises (MSMEs). Mr. Abrea stresses that MSMEs, which account for more than 99% of enterprises in the Philippines, are fundamental to the economy. Nonetheless, they frequently encounter excessive tax compliance challenges that impede their development and competitiveness. To tackle these issues, Mr. Abrea recommends the following reforms: Updated MSME Classification:…
“`html Establishing a lasting US strategic Bitcoin reserve would likely necessitate specific legislation instead of executive measures, per VanEck’s chief of digital assets, Matthew Sigel. While addressing Bitcoin 2025 in Las Vegas, Sigel mentioned that the most feasible route might involve integrating Bitcoin mining incentives into the congressional budget reconciliation framework.As Sigel stated, the most efficient method to enhance a US strategic Bitcoin reserve could be through particular amendments to congressional budget laws. These might involve tax deductions for mining firms utilizing methane gas and other motivations aimed at persuading miners to allocate a fraction of their mined BTC to…
My name is Godspower Owie, and I was born and raised in Edo State, Nigeria. I grew up alongside my three siblings who have always been my role models and guides, aiding me in my development and comprehension of life. My parents are essentially the foundation of my narrative. They have consistently stood by me through thick and thin and have never once abandoned my side whenever I felt adrift in this world. Honestly, having such wonderful parents instills a sense of safety and assurance, and I wouldn’t replace them for anything else in this universe. I was introduced to…
“`html THE NATIONAL GOVERNMENT’S (NG) budgetary position shifted to a surplus in April, as an increase in tax income balanced the reduction in state expenditures, the Bureau of the Treasury (BTr) reported on Tuesday. Figures from the Treasury indicated a P67.3-billion surplus in April, contrasting with the P375.73-billion deficit in March. The surplus was also 57.51% greater than the P42.7-billion surplus recorded in April 2024. This marked the first budget surplus since the P68.36-billion surplus in January. Revenue collections decreased by 2.82% to P522.1 billion in April from P537.2 billion in the same month last year, “primarily due to the…
“`html MARA Holdings, previously known as Marathon Digital Holdings, achieved a new historic peak in Bitcoin mining earnings, driven by its recent upswing to an unprecedented value.The enterprise’s annualized mining earnings surpassed $752 million on May 27, as reported by CryptoQuant data, rendering it the most lucrative day in the entity’s chronicles. Marathon currently stands as the globe’s largest publicly listed Bitcoin (BTC) mining organization by market valuation.“Quarterly disclosures are sluggish. On-chain illustrates revenue in real-time,” noted CryptoQuant’s founder and CEO Ki Young Ju in a May 27 X post, validating the achievement.Marathon’s unprecedented revenue boost took place just days…
“`html Luxembourg categorized virtual asset service providers (VASPs) as high-risk entities for money laundering in its 2025 National Risk Assessment (NRA), underscoring worries about the crypto sector’s vulnerability to financial crime.According to the report, the inherent threat level of VASPs is labeled “High,” influenced by elements such as transaction volume, client outreach, distribution channels, legal frameworks, and the global nature of operations.The NRA recognized VASPs as an emerging danger in its 2020 report following “a comprehensive evaluation of money laundering inherent risks stemming from virtual assets.” This was succeeded by a 2022 NRA document labeling “the hazards linked to crypto…