Tag: Block

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Jack Dorsey says AI should replace the middle manager after Block (XYZ) cuts 4,000 jobs

In Jack Dorsey's view of the world, the job most at risk from the AI revolution is the middle manager.Dorsey argues in a new...

Coinbase User IRS Block Petition Dismissed After Procedural Failure

A California court on Wednesday dismissed a Coinbase user’s attempt to block an IRS summons for his financial records, in at least the second...

Vietnam pushes local crypto exchanges as Hanoi moves to block offshore trading: Reuters

Vietnamese firms are racing to secure licences for the country’s first domestic cryptocurrency exchanges as Hanoi moves to restrict trading on foreign platforms.A government...

Polymarket Faces Nationwide Block Ordered by Argentina Court

A court in Argentina has ordered a nationwide block of major crypto-based prediction market platform Polymarket over unauthorized gambling.Argentina’s national communications and media regulator,...

Big Bet Takes Action to Block Prediction Markets in Brazil

Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby...

Utah Set to Block Prediction Markets Like Kalshi and Polymarket

The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators...

Trump’s threat to block Congress over voter-ID law leaves crypto bill on shakier ground

If the crypto industry manages its top priority to get its market structure legislation through the U.S. Senate and to the desk of President...

South Korea to block firms from using USDT, USD Coin – DL News

No room for flexibility, say regulators.South Korean firms cannot buy crypto, unlike Japanese, US companies.Listed firms frustrated by Financial Services Commission stance.South Korean financial...

US Lawmakers Demand ‘Permanent’ CBDC Block

A group of US lawmakers is uniting to prevent the US central bank from ever issuing a Central Bank Digital Currency (CBDC), warning that...

Eric Trump Says Big Banks Block Crypto Yield Products to Protect Profits From Low Savings Rates

Rising tension between Wall Street banks and crypto platforms is fueling debate over savings yields, with Eric Trump accusing major U.S. banks of lobbying...

Prediction Markets Risk Trading Block in Nevada After Court Ruling

Two US federal court rulings have increased the risk that Nevada regulators may seek to halt prediction-market trading in the state after a judge...

Jack Dorsey’s Block slashes 40% of staff in major AI-driven restructuring – DL News

Block cuts 4,000 jobs.CEO Jack Dorsey attributes layoffs to AI.Investors are fearful that AI will ultimately hurt the wider economy.Block, a firm that heavily...