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REUTERS 2022-11-21T22:19:21+00:00

A crypto collective tried to get regulatory OK for tokens. It didn’t go well

American CryptoFed DAO LLC, which says its mission is to create a blockchain-based monetary system “with zero inflation, zero deflation and zero transaction costs," is a rarity among crypto collectives: It actually sought out regulation, not only registering as a decentralized autonomous organization, or DAO, under Wyoming law but also seeking approval from the U.S. Securities and Exchange Commission for the tokens it planned to offer to prospective members.

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REUTERS 2021-07-30T07:20:09+00:00

IAG says summer capacity could go higher than 45%, sees Q4 up to 75%

The chief executive of British Airways-owner IAG (ICAG.L) said that capacity in the summer quarter could beat its 45% guidance, and that the group was ready to fly up to 75% of its pre-pandemic capacity in the October-December quarter.