“`html Great news from the Bureau of Internal Revenue (BIR)! They’ve hit pause on all audit operations amid concerns about the misuse of Letters of Authority (LOA). “I’ve ordered an immediate halt to all field audits and related activities, including issuing any Letters of Authority (LOAs) and Mission Orders (MOs) effective right now, following Revenue Memorandum Circular (RMC) No. 107-2025,” announced BIR Commissioner Charlito Martin R. Mendoza. “No LOA or MO will be created, printed, signed, or delivered during this suspension,” he added. Finance Secretary Frederick D. Go echoed support for this move, sharing in a separate statement that all…
Autore: wsjcrypto
As Bitcoin (BTC) makes a bold move to reclaim the $88,000 level, some enthusiasts are feeling optimistic that the recent dip is the bottom and a recovery rally is just around the corner. However, others are cautioning that Bitcoin’s struggles this November might continue if it can’t maintain its current standing. Related Reading Bitcoin Gains Local Support On Monday, Bitcoin showed signs of recovery from its recent dip, edging closer to a significant resistance mark for the second day in a row. This month has seen the cryptocurrency face tough times as it struggled to maintain key support levels, dropping…
Exciting news from Japan! The Financial Services Agency (FSA) is stepping up its game by requiring cryptocurrency exchanges to set aside liability reserves, all to better protect against hacks and unexpected events.According to a report from Nikkei, the FSA will update its rules for local companies to ensure they can quickly compensate users who get affected by security issues or other challenges. The FSA highlighted recent hacking incidents at international exchanges as a key motivator for this change.On Wednesday, the Financial System Council—an advisory group to the FSA—will release a report likely recommending that crypto firms create these new liability…
“`html Exciting news! Dunamu, the parent company of Upbit—the leading crypto exchange in South Korea—is setting its sights on the US market! They are getting ready to make a splash in the tech-heavy Nasdaq after wrapping up their merger with the well-known tech giant, Naver.According to a report from the Seoul Economic Daily, Dunamu aims to kick off an initial public offering right after the merger, which is expected to take place later this week.On Monday, local news outlet The Chosun Daily revealed that Dunamu and Naver will hold separate board meetings this Wednesday to give the thumbs up to…
“`html CELEBRITY EGOS, industry politics, and personal dreams swirl in the fast-paced world of showbiz, the backdrop for the Filipino series Call My Manager. Directed by the talented Erik Matti, this show is a fresh take on the French series Call My Agent for HBO, though we’re still awaiting the release date. Eight exciting episodes were filmed back in 2023. In the meantime, the first two episodes were transformed into a two-hour movie that premiered at QCinema on Nov. 15. It features stars like Judy Ann Santos, Edu Manzano, and RK Bagatsing as the three savvy managers running Shine Artist…
“`html TD Cowen analysts mention that Strategy’s stock might face some bumps in the road due to an upcoming MSCI review. The firm believes that PBTCs, including Strategy, will likely be taken off all MSCI indexes come February, with a formal decision expected around mid-January. Cowen described this potential removal as “capricious,” but warned investors to be ready for ongoing selling pressure. They remind us that Strategy isn’t a fund, trust, or holding company, but rather a public operating company with all its revenue coming from its $500 million software business. On the other hand, their Bitcoin treasury operations are…
“`html Crypto news today: Over the last four weeks, nearly $5 billion has flowed out of crypto investment products. However, there’s a glimmer of hope with late-week inflows showing signs of positive sentiment, despite significant selling, according to CoinShares. Meanwhile, the New York Stock Exchange has given the green light for Grayscale’s Dogecoin and XRP funds to start trading, and the Bitcoin community is rallying against JP Morgan, urging a boycott of the banking giant.$1.9 Billion Exodus and a Hint of Optimism for Crypto Investment Funds: CoinSharesCrypto investment products have experienced nearly $5 billion in outflows over the past four…
“`html Trusted Editorial content, reviewed by top industry experts and seasoned editors. Ad Disclosure Wow! Bitcoin is going through one of its biggest pullbacks in 2025. Investors have been selling like there’s no tomorrow, causing the price to slip back to the $82,000 level. Recent on-chain data shows a big wave of panic among new Bitcoin whale investors during this downturn. New Bitcoin Whales Feeling the Heat Since Bitcoin’s price drop from its all-time high, there’s been a major shift in how investors are acting. The excitement is palpable, but it’s not the long-time investors who are sweating; it’s the…
“`html Exciting news from Denmark! Copenhagen Infrastructure Partners (CIP) is gearing up to create a massive 300-megawatt (MW) onshore wind farm in Nueva Ecija, with a whopping estimated budget of P30.5 billion. In a recent submission to the Department of Environment and Natural Resources, San Jose Onshore Wind Power Corp., a proud subsidiary of CIP, revealed that this ambitious project will span an impressive 4,617 hectares in the municipalities of Lupao and Carranglan. “This project, with its potential capacity of 300 MW, will contribute significantly to the Luzon grid by adding clean energy. Plus, it aligns perfectly with the Philippine…
“`html What to Know: Non-custodial wallets with cool DeFi tools are on the rise in 2025. Users want control, security, and easier multi-chain access. Best Wallet Token is powering a live mobile wallet, DEX aggregator, presale launchpad, and a future debit card, all linking fees, rewards, and special perks. The $BEST presale has already raked in over $17.39M at about $0.025995 per token, with exciting staking yields and just four days left to join in! Conservative estimates hint at a potential 96% upside by 2026, but regulatory risks and market ups and downs make $BEST a rollercoaster ride. The crypto…