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Will Binance CEO Step Down?

Binance continues to be the world’s largest cryptocurrency, while it has faced major regulatory scrutiny as countries have begun to ban it because of its lack of ability to meet the FCA’s anti-money laundering requirements. CEO Changpeng “CZ” Zhao says that he is willing to step down as the company transitions to being a regulated …

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Square Launches a New Bitcoin Business

The digital payments company Square has announced its plans to create a business with a focus on Bitcoin cryptocurrency to design decentralized financial services.  Square CEO Jack Dorsey posts about these new plans on Twitter saying that the company is “focused on building an open developer platform with the sole goal of making it easy …

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Permanent TSB Acquiring Billions from Ulster Bank

Permanent TSB is planning to acquire €7.6 billion in mortgages and small business loans from Ulster Bank as part of the Bank’s phased departure from the Republic of Ireland. While this is only a portion of the €22 billion deposit book, this acquisition can turn Permanent TSB into a major player in the lending industry. …

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Rebound of Residential Construction in Ireland

Following the end of lockdown restrictions on the building sector in Ireland back in April, home construction has been on a strong rebound. According to the most recent GeoView Residential Buildings Report, almost 19,000 houses were under construction throughout June. This figure is a 38.4 percent increase from the previous year.  The CEO of GeoDirectory, …

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