By Justine Irish D. Tabile, Correspondent The Board of Investments (BoI) announced that the government is currently refining the specifics of the revised Strategic Investment Priority Plan (SIPP) 2025-2028, aiming to unveil the updated roster of projects eligible for incentives within the year. During the Arangkada Forum on Friday, BoI Investment Promotions Services Executive Director Evariste M. Cagatan mentioned that the objective is to disclose the new SIPP within the current year. “It is being polished … The aim is to present it to the Office of the President in the fourth quarter,” she stated. On Friday, Ms. Cagatan revealed…
Autore: wsjcrypto
“`html Kraken has allegedly secured $500 million at a $15 billion assessment, bolstering its economic stance amid increasing conjecture that the cryptocurrency exchange is gearing up for an initial public offering (IPO).The financing was initially disclosed by Fortune, which referenced an insider close to the discussions in a profile on co-CEO Arjun Sethi. The insider asserted that Kraken finalized the round earlier this month.When approached by Cointelegraph for verification, a Kraken spokesperson refrained from commenting.The funding and valuation align broadly with Cointelegraph’s analysis in July, which indicated that Kraken was pursuing $500 million at a $15 billion valuation — a…
“`html Sir Richard Branson has been encouraged to reconsider his strategy to operate trains through the Channel Tunnel, following comments from the rail minister that competing bids to Eurostar must commit to servicing Kent and east London stations. Virgin Group is among several operators aspiring to challenge Eurostar’s 30-year dominance on the route, but Lord Hendy of Richmond Hill cautioned that proposals focused solely on London St Pancras might not suffice. At an event in Ashford, Kent, Lord Hendy stated that bidders must demonstrate “the possibility for services to be reintroduced” at Stratford International, Ebbsfleet, and Ashford stations – an…
“`html Following the less than favorable results of this summer’s Tornado Cash trial and the Samourai Wallet case, safeguarding peer-to-peer (P2P) transaction entitlements is now more crucial than ever. Consequently, the Bitcoin Policy Institute has collaborated with Save Our Wallets, CoinCenter, the Bitcoin Design Foundation, and regional Bitcoin organizations across the United States to initiate the “Satoshi Needs You!” campaign. The goal of the initiative is to inspire Bitcoin advocates nationwide to contact their elected representatives and urge them to back the sections of the Blockchain Regulatory Certainty Act (BRCA) that were part of the latest Senate version of the…
“`html Cryptocurrency values are anticipated to be propelled by crypto market framework regulations, stablecoins, and a surge of exchange-traded products (ETP) in the fourth quarter, analysts mentioned to Cointelegraph, following a period where assets linked to digital treasuries prevailed in the prior quarter.In a publication issued on Thursday, the research division of crypto asset manager Grayscale stated that crypto market framework regulations in the US, the CLARITY Act, signifies “comprehensive financial services regulations,” and could act as “a catalyst for enhanced integration with the conventional financial services sector.”Simultaneously, the Securities and Exchange Commission’s endorsement of a general listing criterion for…
“`html Reliable Editorial material, evaluated by eminent industry specialists and experienced editors. Advertisement Disclosure Nine prominent European banks have established a coalition to introduce a MiCAR-compliant euro-linked stablecoin in the latter half of the upcoming year. ING, UniCredit, & Additional European Banks Are Collaborating on Stablecoin As revealed in a press announcement by the Italian banking powerhouse UniCredit, the institution is collaborating with eight other leading European entities to launch a stablecoin tied to the euro. “This digital payment tool, utilizing blockchain innovation, seeks to establish a reliable European payment benchmark within the digital landscape,” stated the press announcement. The…
“`html Intense Tropical Storm Bualoi, locally referred to as Opong, made its initial landfall over Eastern Samar and is currently progressing toward Romblon, posing a threat to deliver damaging winds and heavy rainfall, as reported by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The cyclone previously escalated to a typhoon level and made its first landfall in San Policarpo, Eastern Samar, at 11:30 p.m. on Thursday. The diminished Severe Tropical Storm Bualoi, exhibiting sustained winds of 110 kilometers per hour (kph) near its center and gusts peaking at 150 kph, was situated over the coastal waters of Mandaon,…
“`html The blockchain ecosystem of Ethereum has lately been shaken by an influx of frauds and rug pulls, resulting in a timeframe that many are characterizing as a carnage. Even though the foundational technology of the ETH blockchain remains sound and secure, the overwhelming quantity of harmful projects and misleading schemes is significantly affecting retail investor trust. Is Ethereum Still The Hub Of DeFi Creativity? The Ethereum blockchain ecosystem has suffered from frauds and rug pulls, leading to substantial financial detriments and, crucially, a drop in retail investor trust. An analyst known as Fat Tony on X has voiced profound…
“`html Ryanair has been criticized for abandoning older travellers after announcing intentions to eliminate paper boarding passes in favor of a solely digital system starting in November. The budget airline, headed by Michael O’Leary, will compel the 40 million passengers who currently depend on printed tickets to transition to its mobile app from 12 November. Advocates claimed the choice would alienate senior customers, with millions lacking the expertise or gadgets necessary to adapt to the change. Silver Voices, a lobbying organization for those over 60, condemned the action as “outrageous” and contended it constituted discrimination against individuals who find technology…
“`html PayPal has collaborated with decentralized finance (DeFi) protocol Spark to enhance liquidity for its US dollar stablecoin, PayPal USD (PYUSD). Since its August launch on SparkLend, a lending market centered on stablecoins, PayPal’s stablecoin has drawn over $135 million in deposits, according to a statement released on Thursday.Launch in 2023 from the MakerDAO ecosystem, SparkLend was subsequently integrated into Sky, Maker’s successor entity. It operates the Spark Liquidity Layer, which is supported by over $8 billion in reserves of stablecoins, according to the protocol.Staked stablecoins on Sparklend protocol. Source: DeFiLlama Sam MacPherson, co-founder and CEO of Phoenix Labs, which is…