... investments" for future growth, including acquisitions. Bankman-Fried also informed The Block that the company intends to offer white-label solutions that would allow other financial institutions to leverage FTX’s offerings for their clients. Notably, it was reported earlier that Bitpanda launched a similar offering in Europe just a few weeks ago. FTX positions itself as "a cryptocurrency exchange by traders for traders." In addition to cryptocurrencies, the trading platform also offers derivatives,...

... 5. MicroStrategy now holds 91,579 BTC; the total cost of these coins was $2.226 billion, with an average cost of BTC at $24,311 (the company began investing in cryptocurrency last summer when Bitcoin had not yet entered its bullish rally). This was reported by the company's CEO, Michael Saylor. Over the week, the first cryptocurrency has increased by 6%. However, it was altcoins, rather than digital gold, that drove the market capitalization growth. Ethereum saw a jump of over 25%, setting a new ...

... of the damping mechanism in practice will stimulate the growth of exchange prices: oil companies will be able to increase their margin by inflating the exchange prices for one type of fuel while receiving subsidies for another. It was previously reported that the government plans to change this rule by splitting the damping payments by fuel type—gasoline and diesel fuel (DF). Exceeding the maximum established price for one type of fuel will not affect payments for the other type. The damping ...

... partially address the issue of growing MET benefits, which had made the Tax Code increasingly resemble a geologist’s reference book. While in 2019, the share of AIT in Russia's taxable oil production stood at 9%, by 2023, it had reached 52% (as reported by Deputy Prime Minister Alexander Novak in a February article for the Energy Policy journal). In practice, the experiment succeeded: AIT became a kind of "shock absorber," helping oil companies adapt to new conditions after 2022. Similar ...

... close to zero, Sergey Tereshkin, CEO of the "Open Oil Market" petroleum products marketplace (a resident of Skolkovo), shared with RIA Novosti. Earlier on Tuesday, the Kommersant newspaper, citing calculations by the Petromarket Group, reported that despite a decline in wholesale gasoline prices in September, gas station operators have been incurring losses from selling AI-95 gasoline for the third consecutive month. At the same time, the "economics of AI-92 sales, although worsened,...