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PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

Source Node: https://platodata.network/platowire/phonepe-raises-us750m-in-ongoing-us1b-fundraising-effort/
Time Stamp: April 12, 2023 9:40 PM - Modified On: April 12, 2023 - Published By:
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PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

In the First Year, Recreational Cannabis Sales in New Mexico Surpass $300 Million

Source Node: https://platodata.network/platowire/in-the-first-year-recreational-cannabis-sales-in-new-mexico-surpass-300-million/
Time Stamp: April 5, 2023 8:00 AM - Modified On: April 5, 2023 - Published By:
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Republished By Plato

In the First Year, Recreational Cannabis Sales in New Mexico Surpass $300 MillionNew Mexico has become the latest state to join the growing list of states that have legalized recreational cannabis. In the first year of legal sales, recreational cannabis sales in New Mexico have surpassed $300 million, according to data from the state's Department of Health.The legalization of recreational cannabis in New Mexico has been a long time coming. The state first legalized medical cannabis in 2007, and since then, there has been a growing movement to legalize recreational

Kansas Senate Panel Delays Decision on Bill to Legalize Medical Cannabis

Source Node: https://zephyrnet.com/kansas-senate-panel-tables-medical-cannabis-legalization-bill/
Time Stamp: March 21, 2023 8:00 AM - Modified On: March 21, 2023 - Published By:
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The Kansas Senate panel has recently delayed its decision on a bill that would legalize medical cannabis in the state. The bill, which was introduced by Senator Tom Holland, would allow patients with certain medical conditions to use cannabis as a treatment option.The decision to delay the bill comes after several hearings were held to discuss the potential benefits and drawbacks of legalizing medical cannabis. Many supporters of the bill argue that it could provide relief for patients suffering from chronic pain, seizures, and other debilitating conditions.However, opponents of the

Kansas Senate Panel Delays Decision on Legalizing Medical Cannabis Bill

Source Node: https://zephyrnet.com/kansas-senate-panel-tables-medical-cannabis-legalization-bill/
Time Stamp: March 21, 2023 8:00 AM - Modified On: March 21, 2023 - Published By:
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The Kansas Senate Panel recently delayed a decision on legalizing medical cannabis bill, which has sparked a lot of debate and controversy among lawmakers and citizens alike. The bill, which was introduced earlier this year, seeks to legalize the use of medical marijuana for patients suffering from various medical conditions.The delay in the decision has been attributed to several factors, including concerns about the potential risks and benefits of medical marijuana, as well as the need for more research and data on the subject. Some lawmakers have also expressed concerns

Elon Musk Reports Paying Highest Income Tax in History for 2021, Plans to Do So Again in 2022

Source Node: https://zephyrnet.com/elon-musk-i-paid-more-income-tax-than-anyone-ever-in-the-history-of-earth-for-2021-and-will-do-that-again-in-2022/
Time Stamp: March 18, 2023 6:19 PM - Modified On: March 18, 2023 - Published By:
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Elon Musk, the CEO of Tesla and SpaceX, recently reported that he paid the highest amount of income tax in history for 2021. According to a tweet from Musk, he paid $100 million in taxes this year, and plans to do the same again in 2022.The news of Musk’s massive tax bill has been met with both praise and criticism. Supporters of Musk have praised him for his willingness to pay such a large amount of taxes, while critics have argued that it is unfair for someone of his wealth

Russian Lawmakers Pass First Reading of Draft Laws to Regulate and Issue Central Bank Digital Currency

Source Node: https://zephyrnet.com/russian-lawmakers-approve-first-reading-of-draft-laws-establishing-cbdc-regulation-issuance/
Time Stamp: March 18, 2023 1:00 PM - Modified On: March 18, 2023 - Published By:
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On June 3, 2020, Russian lawmakers passed the first reading of two draft laws that would regulate and issue a central bank digital currency (CBDC). The two bills, the Digital Financial Assets and the Digital Rights, were proposed by the Bank of Russia and the Ministry of Finance. The bills are part of a larger effort by the Russian government to create a digital economy and to promote the use of digital currencies.The Digital Financial Assets bill seeks to regulate the issuance, circulation, and use of digital financial assets (DFA).

Russian Parliament Passes Bill to Introduce Digital Ruble

Source Node: https://zephyrnet.com/russian-parliament-votes-on-bill-opening-door-for-digital-ruble/
Time Stamp: March 18, 2023 3:30 AM - Modified On: March 18, 2023 - Published By:
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In a move that could revolutionize the way Russia handles its currency, the Russian Parliament has recently passed a bill to introduce a digital version of the ruble. The digital ruble is set to become the first official digital currency of a major nation, and it could have far-reaching implications for the country's economy. The digital ruble will be issued and managed by the Central Bank of Russia, and it will be backed by the same reserves as the physical ruble. It will be available to both individuals and businesses,

Walmart Invests $200 Million in India’s PhonePe

Source Node: https://zephyrnet.com/indias-phonepe-receives-200-investment-from-walmart/
Time Stamp: March 17, 2023 1:48 PM - Modified On: March 17, 2023 - Published By:
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Walmart, the world’s largest retailer, has recently invested $200 million in India’s PhonePe, a digital payments platform. This investment is part of Walmart’s strategy to expand its presence in the Indian market and to compete with Amazon, its biggest rival. PhonePe was founded in 2015 and is now India’s leading digital payments platform. It allows users to make payments for goods and services using their smartphones. The platform also provides a range of financial services such as money transfers, bill payments, and insurance. Walmart’s investment in PhonePe is part of

Thursday, March 16, 2023: Updates on Circle, Google, Kraken, Microsoft, Poolz, and Climate Choice Startups

Source Node: https://zephyrnet.com/top-startup-news-for-thursday-march-16-2023-circle-google-kraken-microsoft-poolz-and-climate-choice/
Time Stamp: March 16, 2023 9:00 PM - Modified On: March 16, 2023 - Published By:
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The world of technology is ever-evolving, and the startups of today are the giants of tomorrow. In this article, we’ll take a look at six of the most promising startups in the tech world: Circle, Google, Kraken, Microsoft, Poolz, and Climate Choice.Circle is a financial services company that has been making waves in the industry since its launch in 2013. The company offers a variety of services, including peer-to-peer payments, cryptocurrency trading, and a mobile payments app. In March 2023, Circle announced that it had secured $440 million in funding

Kansas Republican: Medical Marijuana Bill Unlikely to Pass in 2023

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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The debate over medical marijuana in Kansas has been ongoing for years, but it appears that the state's Republican-controlled legislature is unlikely to pass a bill legalizing the drug in 2023. This is despite the fact that medical marijuana has been legalized in 33 other states, including neighboring Missouri and Oklahoma. The Kansas Senate passed a bill in 2019 that would have allowed the use of medical marijuana, but it was blocked by the House of Representatives. The bill would have allowed the use of medical marijuana for certain conditions,

Kansas Republican Announces Medical Marijuana Bill Unlikely to Pass in 2023

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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On February 18th, Kansas State Representative John Whitmer announced that a medical marijuana bill he introduced is unlikely to pass in 2023. The bill, HB 2184, would have allowed for the medical use of marijuana in the state of Kansas. The bill was introduced in January 2021 and had gained some traction among both Republicans and Democrats. However, Rep. Whitmer believes that the bill does not have enough support to pass this year. He stated that “it’s not a priority for the legislature right now.” The bill would have allowed

Kansas Republican Announces Death of 2023 Medical Marijuana Bill

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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On Wednesday, Kansas Republican Representative John Smith announced the death of a bill that would have legalized medical marijuana in the state. The bill, HB 2023, had been under consideration for several months and had gained significant support from both sides of the aisle. The bill proposed to allow patients with certain medical conditions to possess and use marijuana for medical purposes. It also would have allowed for the establishment of licensed dispensaries to sell medical marijuana. However, the bill was met with strong opposition from some Republican legislators who