Russian IT firms may enjoy significantly lower income tax and insurance payments, according to a plan laid out by Prime Minister Mikhail Mishustin. The tax break envisages a nearly twofold reduction of insurance payments – from 14 percent to 7.6 percent – while income tax could be cut to three […]
Expansion
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Gemini, the U.S.-based crypto exchange and custodian, is planning to expand its services to Singapore with the appointment of Jeremy Ng as its new Managing Director of Asia-Pacific. Ng’s appointment as Gemini’s Asia managing director makes the firm eligible to apply for a license with the Monetary Authority of Singapore […]
Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is looking to double its bitcoin-capable supermarket locations. The doubling would happen “within a year,” President of Product Michael Jack told CoinDesk. He said Coinme bitcoin ATM growth “both on a per location and overall basis, has been very […]
Crypto lender BlockFi is adding two traditional finance executives to help the firm roll out new products and expand into new markets. Former American Express executive Wittney Rachlin will join as chief growth officer and former Credit Suisse executive David Olsson as global managing director of the European and Asian […]