Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

ZDA. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. V nedavnem intervjuju, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. lahko…

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets

Poročilo: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citingpeople familiar with the matterstates that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot

US Government Delays Tax Reporting Rules for Cryptocurrency Brokers

The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Kongres…

Argentinska provinca Mendoza je začela sprejemati plačila davkov v kripto

Mendoza, argentinska provinca, je implementiral sistem, ki davkoplačevalcem omogoča, da svoje davke v celoti plačajo s kriptovalutami. Sistem, ki je bil predstavljen ta teden, is part of a strategic push for the modernization and digitalization of payments carried by the

Priljubljenost kripto naložb je razlog za predpise, Avstralski nadzornik vrednostnih papirjev pravi

Visoke stopnje lastništva kriptovalut, z nakupi, ki so pogosto opravljeni po nasvetih z Youtuba in Facebooka, narediti “močan razlog za ureditev,” po podatkih avstralske komisije za vrednostne papirje in naložbe. The watchdog backs its stance with poll results showing nearly half of

Argentinian Tax Agency Ramps Up Digital Wallet Seizures

The Argentinian Tax Agency, the AFIP, has ramped up the seizures of digital wallets of taxpayers in the country. The institution managed to seize more than 1,200 digital wallets of taxpayers that had debts and didnt have a bank account, oz…