CryptoRules
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The UK government seeks to enhance the country's digital asset industry through a legislation that will establish a new scheme called the Digital Securities Sandbox.
#Crypto #CryptoRules #Cryptonews230 #CryptoNews🔒📰🚫
#Crypto #CryptoRules #Cryptonews230 #CryptoNews🔒📰🚫
Core Scientific Secures Court Approval for Reorganization Plan, Prepares to Relist on Nasdaq by End
🎉 The United States Bankruptcy Court has given the green light to Core Scientific's Chapter 11 reorganization plan. This means they're on track to relist on Nasdaq by the end of January 2024.
Here's the scoop: Shareholders as of January 23, 2024, are in for a treat. They'll receive shares of Core Scientific's new common stock and warrants, making up around 60% of the company's fresh equity. This includes exercising existing warrants and issuing new shares through an equity rights offering.
The plan also boasts a cool $1 billion reduction in debt, thanks to the potential cash exercise of warrants. Adam Sullivan, Core Scientific’s CEO, is pumped about the development, highlighting the company's readiness to emerge stronger and create value for shareholders.
The reorganization isn't just about reducing debt; it involves converting around $400 million in claims, slicing annual debt service by $60 million, and welcoming a $95 million boost in exit capital. This includes $55 million from an equity rights offering and $40 million from a new-money financing deal.
Core Scientific, once a leading Bitcoin miner, faced challenges during the crypto winter in 2022 and sought bankruptcy protection. Now, with Bitcoin prices on the rise and a reorganization plan approved, they're set to make a comeback. Kudos to Core Scientific for navigating this journey and emerging stronger!
#CryptoNews🔒📰🚫 #cryptoleads #CryptoRules #cryptocurrecny
Here's the scoop: Shareholders as of January 23, 2024, are in for a treat. They'll receive shares of Core Scientific's new common stock and warrants, making up around 60% of the company's fresh equity. This includes exercising existing warrants and issuing new shares through an equity rights offering.
The plan also boasts a cool $1 billion reduction in debt, thanks to the potential cash exercise of warrants. Adam Sullivan, Core Scientific’s CEO, is pumped about the development, highlighting the company's readiness to emerge stronger and create value for shareholders.
The reorganization isn't just about reducing debt; it involves converting around $400 million in claims, slicing annual debt service by $60 million, and welcoming a $95 million boost in exit capital. This includes $55 million from an equity rights offering and $40 million from a new-money financing deal.
Core Scientific, once a leading Bitcoin miner, faced challenges during the crypto winter in 2022 and sought bankruptcy protection. Now, with Bitcoin prices on the rise and a reorganization plan approved, they're set to make a comeback. Kudos to Core Scientific for navigating this journey and emerging stronger!
#CryptoNews🔒📰🚫 #cryptoleads #CryptoRules #cryptocurrecny
Newly elected Argentinian President Javier Milei has come up with a draft bill that will require the declaration of domestic and foreign crypto holdings.
#CryptoRules #Cryptocurrrency #CryptonewswithJack #CryptoNews🔒📰🚫
#CryptoRules #Cryptocurrrency #CryptonewswithJack #CryptoNews🔒📰🚫
Hong Kong seeks to engage the public on legislative proposals concerning stablecoin issuers.
#Cryptocurrrency #CryptoRegulationUpdate #CryptoRules #CryptonewswithJack #CryptoNews🔒📰🚫
#Cryptocurrrency #CryptoRegulationUpdate #CryptoRules #CryptonewswithJack #CryptoNews🔒📰🚫
🇹🇼 Taiwan's Big Crypto Move: Unlocking Safety or Locking Up Innovation? 🔐
I recently dived into Taiwan's fresh move on the crypto front, as their Parliament cleared the first hurdle of a new crypto bill. This isn't just about Taiwan getting cozy with crypto, but a scene in a bigger drama unfolding in the crypto world. This bill, aiming to build a clear rule book, wants to make the market safer for investors. But, could it also throw a wet blanket on the fiery spirit of crypto enthusiasts? Let’s peel back the layers of this story and see what it might mean for the crypto buzz worldwide.
New Law on the Block 🏛️:
Taiwan's Parliament made waves by moving forward with a proposed cryptocurrency bill. This shows the island nation's game to set some ground rules in the crypto playground.
Safe Haven for Investors 🛡️:
Central to this move is the idea of making the crypto market a safer place for investors. A clear set of rules could dial down the risks, making it a smoother ride for both the old hands and the newbies in crypto investing.
A Look Around 🔍:
Compared to its neighbors, Taiwan is stepping on the gas with this proactive move. But it makes you wonder—will this spark more creativity or put a lid on it?
Possible Hiccups 🌀:
While aiming for clarity, this bill could also bring in some headaches for crypto folks and investors. Striking a balance between having rules and fueling innovation is a tricky act.
Making Waves Globally 🌐:
Taiwan's crypto move could send waves across the crypto world, inspiring or warning other nations thinking about crypto rules.
Taiwan’s crypto bill is more than just local news; it's a chapter in the global crypto story. As we watch how it plays out, the crypto community is all eyes and ears. Will Taiwan’s move inspire a worldwide crypto makeover or serve as a cautionary tale? What’s your take?
#TaiwanCryptoBill #CryptoRules #InvestorSafety #GlobalCryptoTrend #BinanceSquare
I recently dived into Taiwan's fresh move on the crypto front, as their Parliament cleared the first hurdle of a new crypto bill. This isn't just about Taiwan getting cozy with crypto, but a scene in a bigger drama unfolding in the crypto world. This bill, aiming to build a clear rule book, wants to make the market safer for investors. But, could it also throw a wet blanket on the fiery spirit of crypto enthusiasts? Let’s peel back the layers of this story and see what it might mean for the crypto buzz worldwide.
New Law on the Block 🏛️:
Taiwan's Parliament made waves by moving forward with a proposed cryptocurrency bill. This shows the island nation's game to set some ground rules in the crypto playground.
Safe Haven for Investors 🛡️:
Central to this move is the idea of making the crypto market a safer place for investors. A clear set of rules could dial down the risks, making it a smoother ride for both the old hands and the newbies in crypto investing.
A Look Around 🔍:
Compared to its neighbors, Taiwan is stepping on the gas with this proactive move. But it makes you wonder—will this spark more creativity or put a lid on it?
Possible Hiccups 🌀:
While aiming for clarity, this bill could also bring in some headaches for crypto folks and investors. Striking a balance between having rules and fueling innovation is a tricky act.
Making Waves Globally 🌐:
Taiwan's crypto move could send waves across the crypto world, inspiring or warning other nations thinking about crypto rules.
Taiwan’s crypto bill is more than just local news; it's a chapter in the global crypto story. As we watch how it plays out, the crypto community is all eyes and ears. Will Taiwan’s move inspire a worldwide crypto makeover or serve as a cautionary tale? What’s your take?
#TaiwanCryptoBill #CryptoRules #InvestorSafety #GlobalCryptoTrend #BinanceSquare
🚀TOP 4 Golden Rules! 📶
Attention, future crypto tycoons! Want to ride the waves of success? Here are the key rules to sculpt your path to richness:
Trade with Purpose:
👉 After a triumphant trade, close those charts, shut down the screens, and savor that victory. Unnecessary trades post-success are like setting sail for Loss-land. Know when to bask in your glory!
Emotions vs. Brain Battle:
👊 In the realm of trading, the brain is the undisputed champion. Emotions? They might lead you astray. Follow the logic, be the brainiac trader, and watch those profits multiply.
Discipline, the Holy Grail:
🙌 A rich trader dances to the rhythm of discipline. Stick to your trade plan like glue, or the market might just play a tune on your portfolio. Stay disciplined or face the music!
Bravery, the Trading Elixir:
💪 Once you step into the trading arena, embrace bravery. Your analysis charts the course, but it's your bravery that navigates the ups and downs. Targets are conquered by the bold. Market tests your mettle; be unyielding.
📶 Dive into the world of accurate analysis and signals. Your journey to crypto greatness awaits!
#TradingSuccess #CryptoRules #TradeSmart #TradeNTell #Write2Earn $BTC $SOL $ICP
Attention, future crypto tycoons! Want to ride the waves of success? Here are the key rules to sculpt your path to richness:
Trade with Purpose:
👉 After a triumphant trade, close those charts, shut down the screens, and savor that victory. Unnecessary trades post-success are like setting sail for Loss-land. Know when to bask in your glory!
Emotions vs. Brain Battle:
👊 In the realm of trading, the brain is the undisputed champion. Emotions? They might lead you astray. Follow the logic, be the brainiac trader, and watch those profits multiply.
Discipline, the Holy Grail:
🙌 A rich trader dances to the rhythm of discipline. Stick to your trade plan like glue, or the market might just play a tune on your portfolio. Stay disciplined or face the music!
Bravery, the Trading Elixir:
💪 Once you step into the trading arena, embrace bravery. Your analysis charts the course, but it's your bravery that navigates the ups and downs. Targets are conquered by the bold. Market tests your mettle; be unyielding.
📶 Dive into the world of accurate analysis and signals. Your journey to crypto greatness awaits!
#TradingSuccess #CryptoRules #TradeSmart #TradeNTell #Write2Earn $BTC $SOL $ICP
Singapore has laid down new rules meant to tame crypto speculation because it's deemed harmful and risky to consumers.
#Crypto #CryptoRules #CryptoTrends2024 #CryptoNews🔒📰🚫
#Crypto #CryptoRules #CryptoTrends2024 #CryptoNews🔒📰🚫