Business

China firm turns inwards for cash as US markets tighten listing rules
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4 June, 2020

China firm turns inwards for cash as US markets tighten listing rules

Semiconductor Manufacturing International Corporation announced its plan to raise $2.8 billion through an initial public offering.
Elwood surpasses BLOK as largest publicly traded blockchain ETF
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4 June, 2020

Elwood surpasses BLOK as largest publicly traded blockchain ETF

BCHN has surpassed BLOK’s Amplify Transformation Data Sharing ETF, which has $86.45 million assets under management.
Japan finance minister voices opposition to lowering digital currency tax
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4 June, 2020

Japan finance minister voices opposition to lowering digital currency tax

Taro Aso said he would be unwilling to push for taxes on digital currency-related income to be reduced to 20%.
Ira Kleiman accuses Craig Wright of defrauding court, seeks default judgment
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3 June, 2020

Ira Kleiman accuses Craig Wright of defrauding court, seeks default judgment

Ira Kleiman wants the Court to sanction Wright over “a sustained pattern of perjury, forged evidence, misleading filings, and obstruction.”
10MB record transaction size shows what’s possible on Bitcoin
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3 June, 2020

10MB record transaction size shows what’s possible on Bitcoin

The transactions show the promise Bitcoin BSV offers for blockchain-based content and data storage.
Canada law recognizes digital currency firms as money services
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3 June, 2020

Canada law recognizes digital currency firms as money services

On June 1, the amendments made to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act were made effective.
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