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Category: Tax & Banking

IRS Considers NFT Taxation Like Other Digital Collectibles

Isaac Scott Cryptocurrency, Tax & Banking

The United States Internal Revenue Service (IRS) is reportedly considering whether non-fungible tokens (NFT) should be taxed like other digital[…]

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Russia’s Recent Crypto Bill Demands Miners To Profess Earnings Or Face Fines And Jail Time

Isaac Scott Cryptocurrency, Money Making, Tax & Banking

In a recent move, Russia has approved a new bill mandating that miners disclose their income or face imprisonment for[…]

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Bank Of Canada Announces A Big Rate Hike

Harry Rose Tax & Banking

On Wednesday, the Bank of Canada announced a 50 basis points increase in its benchmark interest rate, which pushed it[…]

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India’s Central Bank Raises Rates, Says Inflation Battle Not Over

Harry Rose Tax & Banking, Work & Business

On Wednesday, the Indian central bank raised its benchmark interest rates once more by 35 basis points, which saw it[…]

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Why ECB Might Tighten Fast than Market Expectations

Laureano Camacho Tax & Banking

ECB’s next Thursday decision looms large with a potential massive interest hike. Consumer credit remained expanded within the euro region,[…]

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Brazilian Rico Prepares to Offer Crypto Services in 2023

Laura Jenkins Credit Cards, Cryptocurrency, Investing Saving, Tax & Banking

A brokerage platform firm in Brazil, Rico, has said it will enter the crypto service business next year. Rico is[…]

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Russian Crypto Miners in Irkutsk Get Fined About $1.7 Million

Laura Jenkins Cryptocurrency, Law & Attorneys, Tax & Banking

Local authorities in the Russian region of Irkutsk have placed a heavy financial fine on crypto miners for the unauthorized[…]

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Ethereum’s Proof-of-Work Listing Needs Risk Assessment Before Merge

Laura Jenkins Brokers & Exchanges, Cryptocurrency, Tax & Banking

The prominent Japanese crypto exchange platform, BitBank, recently said that it has not made a decision on whether or not[…]

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Pound Bulls are Testing Head and Shoulder Line Near 1.2050

Laura Jenkins Forex & Stocks, Tax & Banking

The GBP/USD currency pair is showing an oscillating move in the narrow path of 1.2048 to 1.2080. This came up[…]

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Banks in Portugal are Closing Accounts Belonging to Crypto Exchanges

Laura Jenkins Brokers & Exchanges, Cryptocurrency, Tax & Banking

Some banks in Portugal swung into action by closing several bank accounts of crypto exchanges. The banks said the reason[…]

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Goldman Sachs Plans Buying Celsius for $2 Billion

Laura Jenkins Brokers & Exchanges, Cryptocurrency, Tax & Banking

Goldman Sachs is currently looking to raise $2 billion to buy out Celsius. This is in case the latter eventually[…]

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SEC Boss: New Crypto Bill Won’t Protect Investor’s Assets

Laura Jenkins Cryptocurrency, Law & Attorneys, Tax & Banking

Gary Gensler, the Chairman of the US SEC, is worried about the recent crypto bill. The crypto bill released at[…]

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