Centaurus Energy Inc: Centaurus Provides Third Update on 2020 Annual Financial Statement Filings
Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) (
Centaurus or the
Cease Trade Orders for Continuous Disclosure Defaults (
NP 12-203 ). As previously stated in the Company s press releases dated April 26, 2020 and May 4, 2021, the Company will be delayed in the filing of its audited annual financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2020 (the
Annual Filings ) and the Company applied for and was granted a management cease trade order in respect of the delayed Annual Filings (the
MCTO ) by the Alberta Securities Commission. The MCTO prohibits the CEO and CFO of the Company from trading in the Company s securities for so long as there are filings that are outstanding under applicable securities laws. The MCTO does not affect the ability of the general investing public to trade in th
International banking regulators’ decision to classify Bitcoin as the riskiest of assets dragged cryptocurrencies further into the mainstream financial world.
(Bloomberg) International banking regulators’ decision to classify Bitcoin as the riskiest of assets dragged cryptocurrencies further into the mainstream financial world.It also made it extremely costly for banks to hold digital tokens on their balance sheets, potentially delaying crypto’s wider adoption.The Basel Committee on Banking Supervision proposed that a 1,250% risk weight be applied to a bank’s exposure to Bitcoin and certain other cryptocurrencies. Bitcoin jumped on the announcement
The Basel Committee on Banking Supervision proposed that a 1,250 per cent risk weight be applied to a banks exposure to Bitcoin and certain other cryptocurrencies.
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