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Frank Corva

Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

On Wednesday, the office of Rep. Gabe Amo issued a press release stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan resolution supporting the use of distributive ledger technologies (DLT), including blockchain, to “support democratic governance, human rights, freedom of information, transparency, and innovation around the world.” The resolution (the full text of which was not linked to…

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Nik

GameStop Approves Adding Bitcoin To Treasury Reserves

GameStop Corp. (NYSE: GME) announced that its board of directors has unanimously approved an update to the company’s investment policy, allowing Bitcoin to be held as a treasury reserve asset. The decision follows a series of engagements between GameStop Chairman and CEO Ryan Cohen and prominent figures like Michael Saylor in the Bitcoin industry. On February 8, Cohen met with…

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FalconX Said to Have Suffered Wave of Senior Staff Departures, Including General Counsel, European Head

FalconX Said to Have Suffered Wave of Senior Staff Departures, Including General Counsel, European Head

Crypto prime broker FalconX has seen the departure of several senior staff recently, according to three people with knowledge of the matter. Among those resigning was Tommy Doyle, FalconX’s European head, according to the sources. The global chief compliance officer, general counsel, and head of credit at FalconX have also resigned, the sources said, who spoke on condition of anonymity…

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Eric Trump Joins Metaplanet's Board Of Advisers

Eric Trump Joins Metaplanet’s Board Of Advisers

Metaplanet, Japan’s largest corporate bitcoin holder, has appointed Eric Trump to its newly formed strategic board of advisers. The move aims to advance Metaplanet’s bitcoin adoption mission as bitcoin gains mainstream traction. Metaplanet announced the move on Friday, stating that Trump’s expertise and passion for bitcoin will help drive the company’s goals. As the son of U.S. President Donald Trump,…

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Gold price in Saudi Arabia: Rates on March 24

Gold price in Saudi Arabia: Rates on March 24

Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 364.00 Saudi Riyals (SAR) per gram, down compared with the SAR 364.67 it cost on Friday. The price for Gold decreased to SAR 4,245.59 per tola from SAR 4,253.45 per tola on friday. Unit measure Gold Price in SAR 1…

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