Picture: 123RF/SNAP GALLERIA
Picture: 123RF/SNAP GALLERIA

In the crypt no more

A planned new US treasury rule aimed at stamping out illicit cryptocurrency transactions has drawn strong opposition from the industry, setting up a battle that threatens to cast a shadow over the recent digital currency boom.

The proposal would require custodians and exchanges to collect and report identifying information about large transactions. The treasury proposal targets unhosted wallets — software apps that allow users to directly hold and transact cryptocurrencies without revealing personal details.

Financial Times

A medical worker prepares to administer the Pfizer-BioNTech Covid-19 vaccine in Plant City, Florida, US. Picture: REUTERS/OCTAVIO JONES
A medical worker prepares to administer the Pfizer-BioNTech Covid-19 vaccine in Plant City, Florida, US. Picture: REUTERS/OCTAVIO JONES

V for Vaccine

BioNTech and Pfizer plan to supply an additional 500-million doses of their Covid-19 vaccine this year, thanks to a new factory in Germany and adjusted European guidelines that allow for an extra shot to be extracted from each vial.

The companies had originally pledged to make 1.5-billion doses of their jab in 2021 but now intend to provide as many as 2-billion doses, BioNTech said in a statement.

Financial Times

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