Lynn Schindler
FAQ Guidance & Additional Relief Issued By IRS
The IRS said in a statement late yesterday that it had heard the tax industry's worries regarding new reporting standards for pass-through company (PTE)...
FSB Warns Risks Of Crypto Might ‘Rapidly Grow’
As bitcoin grows more widespread, a top global regulator has cautioned that "financial stability concerns might rapidly escalate," with probable moves on stablecoin reserve...
Algorand Has Big Plans To Change The DeFi Industry
Algorand (CRYPTO: ALGO) is a relatively young player in the cryptocurrency market, having been founded by Massachusetts Institute of Technology professor Silvio Micali in...
Hungary’s Central Bank Backs EU Crypto Ban
György Matolcsy, the Governor of the Hungarian National Bank, has advocated a blanket prohibition on all crypto buying and trading as well as mining...
Biden Portends Putin With Sanctions if Moscow Invades Ukraine
As western countries ratchet up military preparations & create plans to protect Europe from Russian gas cuts, Joe Biden has warned he will contemplate...
Washington Reveals $5 Billion Plan To Finance EV Charging Network
The Biden administration has announced a plan to allocate nearly $5 billion over five years to constructing hundreds of electric vehicle charging stations. In...
California Sues Tesla Over ‘Unbridled Racism’ At Its Factory
After discovering a systemic pattern of maltreatment of Laborers at Tesla's facility outside San Francisco, California's civil rights agency sued the electric carmaker for...
IRS Will No Longer Use Controversial Facial Recognition Software To Verify Online Accounts
The IRS stated Monday that taxpayers will no longer be required to utilize third-party face recognition software to validate their online accounts. Reports cnbc.comTaxpayers...
RBI Undecided on Enhancement of Limits for International Mutual Funds
Executives in the mutual fund sector are anticipating that the Reserve Bank of India (RBI) will announce increased offshore investing limitations for international schemes...
Ripple vs SEC Case: In The Midst of Developments XRP Price Rises 22%
On Tuesday, the XRP token used during Ripple's payment services network leaped as much as 22% in 24hrs to reclaim a $40 market capitalization...
Russia Likely To Recognize Crypto As A Form Of Currency: Report
According to local media sources, Moscow may soon now become the latest country to adopt cryptocurrencies as a kind of currency, as the government...
American Parents Can Claim Up To $16,000 For Child Care Expenses On Taxes. Here’s...
Considering that parents of far more than 60 million children gained enhanced payments in 2021, most American households with children are acquainted with the...
SEC vs XRP: Case Expected to be Wrapped by April, Ripple Lawyer Seems Quite...
The SEC complained against Ripple Laboratories Inc. CEO Bradley Garlinghouse and co-founder Christian Larsen on Dec 22, 2020, alleging that they issued over $1.3...
US Couple Arrested For Laundering $4.5 Billion In Bitcoin Tied To 2016 Hack
Heather Morgan is many things at once: A surrealist artist whose beyond-trippy items are often fascinated by her synesthesia and an outrageous rapper who...
Biden’s Top Science Counselor Eric Lander Resigns Amid Accusation of Intimidating
President Joe Biden's senior science adviser, Eric Lander, has resigned amid allegations that he treated his staff unfairly. On Monday evening, White House press...
Amazon Plans To More Than Double Its Base Pay Cap To $350,000
By an internal official statement seen by The New York Times, Amazon has increased the maximum on basic cash compensation for corporate employees to...
CoinSwitch Adds ‘Recurring Buy Plan’ for Crypto Assets
Cryptocurrency is a new but appealing asset class with a higher level of volatility than traditional assets. By deliberately buying cryptocurrencies and making frequent,...
Taxation on Crypto – Budget 2022 Levies 30% Tax & TDS on Crypto Assets
Cryptocurrency exchanges are digital currencies that can be used to purchase goods and services in the same way that regular currencies can. However, it...