Flora Growth introduces $401 million treasury to support Zero Gravity
Flora Growth Launches $401 Million Initiative for Blockchain Project Flora Growth, a cannabis company listed on NASDAQ, has initiated a financial strategy worth $401 million aimed at supporting a blockchain venture known as zero gravity (0g), which centers on decentralized AI infrastructure. This funding will primarily be facilitated through 0g tokens as part of a […]
U.S. Treasury Takes Action Against Mayos Faction of Sinaloa Cartel, Freezes Assets in Rosarito Drug Route
The US Treasury has identified several key individuals and businesses linked to the Maios faction of the Sinaloa Cartel, including a former mayor from Baja California, Mexico. This action is part of efforts to tackle money laundering activities associated with hotels, restaurants, and bars located in popular tourist spots in Rosalito, Baja California. Recently, officials […]
Why Caliber Is Creating a Chainlink Treasury
Simply put The company Caliber has made a significant acquisition, securing a link valued at $6.7 million to enhance its Treasury Department. Beyond just gathering links, they plan to incorporate the ChainLink network into daily operations. Next, they’ll be looking to hire someone who specializes in real estate tokenization and blockchain history. Caliber, an asset […]
US Treasury invites additional feedback on Genius Act implementation
US Treasury Opens Comments on Genius Act Implementation This Thursday, the US Treasury Department kicked off a public comment period regarding the Genius Act, which aims to regulate certain payments within the country. This legislation was signed into law by former President Donald Trump. The notice issued by the Treasury mentioned that while the advance […]
U.S. Treasury Moves Forward with Stablecoin Regulations from GENIUS Act
US Treasury Advances Stablecoin Regulation Efforts The US Treasury Department is moving ahead with early steps to formalize the new Stablecoin Act into regulatory guidelines. This initiative, launched during President Donald Trump’s administration, involves what’s known as an “advance notice of proposed rulemaking.” The government has asked for public input on a range of complex […]
Treasury and IRS provide important information on Trump’s ‘no tax on tips’ deduction
Proposed Tax Deduction for Tips Announced On Friday, the U.S. Treasury Department, along with the IRS, released proposed regulations regarding President Trump’s “no tax on tips” deduction. This initiative emerged from Trump’s earlier legislation known as the “Big Beautiful Building.” Starting in 2025, certain employees will be able to deduct “qualifying tips” of up to […]
Treasury and IRS complete regulation on 401(k) catch-up contributions and its implications for higher-income earners.
kate_sept2004 | E+ | Getty Images This week, the IRS and the US Treasury wrapped up new provisional guidelines from the Safe 2.0 Act of 2022, which includes provisions for catch-up contributions for workers aged over 50 in 401(k) and other retirement plans. Starting in 2027, contributions for catch-up will change, particularly for those who […]
Solana Treasury Holdings Might Increase Significantly as Forward Industries Reveals $4 Billion Fundraising
The Solana Treasury Company, which is quite prominent in the public forward industry, has initiated offerings aimed at raising $4 billion through market equity. To put that in perspective, this new $4 billion figure is significant—it’s roughly in line with a certain salary increase, although it’s interesting to note that it’s also twice the scale […]
Bitcoin treasury story falls apart for firm as stocks drop over 96%
Nakamoto Holdings Faces Major Collapse Nakamoto Holdings, which gained significant attention through its Bitcoin investments, is experiencing a dramatic downturn. After merging with KindlyMD, a healthcare company, the stock dropped more than 50% shortly after the unlocking of shares, allowing insiders to sell their stock. Since reaching its peak in May, Nakamoto’s shares have plummeted […]
Biotech and Blockchain Combine: Silo Pharma Introduces New Crypto Treasury Approach with ETH and SOL Acquisition
Silo Pharma Launches Cryptocurrency Financial Strategy Silo Pharma (Nasdaq: Silo) has taken an intriguing step by unveiling a cryptocurrency financial strategy, beginning with purchases of Ethereum (ETH) and Solana (SOL) tokens. The company, which operates at the intersection of biopharmaceutical development and cryptocurrency treasury management, intends to leverage these tokens for revenue and capital appreciation. […]