News list for " obligation"

Indonesia's trade ministry plans to amend rules on palm oil domestic market obligations

On July 29, according to foreign media reports, Bambang Wisnubroto, an Indonesian trade ministry official, said on Monday that it plans to revise the domestic market obligation rules for palm oil, which may change the prices and types of some products sold in the local market. Indonesia currently requires palm oil producers to sell a portion of their production to the domestic market at a set price in order to obtain export licenses. Bambang did not provide further details, but said the ministry...

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2024-07-29 04:16:00
Tether will no longer accept USDT or EURT exchanges on Omni, Kusama, SLP, EOS, and Algorand as of September 1

On July 11, Tether said that as of September 1, 2025, Tether will no longer be obligated to accept USDT or EURT exchanges on Omni, Kusama, SLP, EOS, and Algorand. Tether will freeze all remaining USDT or EURT on Omni, Kusama, SLP, EOS, and Algorand on September 1, 2025. Tether customers who hold USDT or EURT on Omni, Kusama, SLP, EOS, and Algorand should redeem their holdings as soon as possible, or, if necessary, request the issuance of USDT or EURT on a supported blockchain, in accordance with...

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2024-07-11 12:06:29
Bitcoin miner TeraWulf announces plans to expand bitcoin mining and artificial intelligence operations

Bitcoin miner TeraWulf has announced that it has fully met its debt obligations and plans to expand its business. On July 9, the company announced that its last debt payment amount was $77.50 million, including prepaid fees and accrued interest. TeraWulf completed the repayment early and currently has no outstanding debt. TeraWulf said the payment provides it with "maximum financial flexibility" to scale and deploy bitcoin mining, high-performance computing (HPC)...

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2024-07-09 23:46:01
New York Financial Regulator: Virtual Currency Firms Must Comply with New Client Server Obligations

"Regardless of the company or product involved, consumers are entitled to a transparent and timely complaint resolution and question-answering process," Adrienne Harris, director of the New York State Department of Financial Services, said in a statement. Virtual currency companies licensed in New York must analyze requests and complaints received on a quarterly basis and are monitored by the New York State Department of Financial Services. New York state's top financial regulator said companies...

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2024-05-30 14:56:59