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Justice Department arrests suspects, recovers $3.6 billion in stolen bitcoin
The Justice Department announced Tuesday that it has recovered $3.6 billion in stolen bitcoin — the largest cryptocurrency seizure in U.S. history.
Crypto tax set to complicate life for the exchanges
When crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract a 2% equalisation levy that is applicable on such a consideration.
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U.S. lawmakers ask Treasury to clarify digital assets -Punchbowl News
A bipartisan group of U.S. lawmakers has asked the Treasury Department for “clarity to the digital asset ecosystem” after new related reporting requirements were included in last year’s $1 trillion infrastructure law, Punchbowl News said on Thursday.
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News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Bitcoin Price Analysis: BTC/USD Breaches 40K on Global Risk Aversion
Bitcoin has lost 45% of its ‘value’ since the all-time high in November 2021 and broke below the 40k level overnight as global risk sentiment sours
WeTrade Group Inc. Reports Third Quarter 2021 Unaudited Financial Results
BEIJING, Nov. 22, 2021 /PRNewswire/ — WeTrade Group Inc. (‘Wetrade’ or the ‘Company’) (US: WETG), an emerging growth company engaged in the busin…
US STOCKS-Wall Street set to open flat as investors assess rate hike prospects
Wall Street was headed for a flat open on Wednesday as investors fretted over early rate hikes by the Federal Reserve after strong retail earnings and data showed an economic recovery was on track. Target Corp was the latest big-name retailer to report positive results, as it raised its annual forecasts and beat profit expectations, citing an early start to holiday shopping.