Decentralised metaverses will be decentralised in name only if action is not taken to address digital property rights, according to a new Galaxy Digital report on non-fungible token (NFT) licenses. Pu...
Tag: Act
How the Inflation Reduction Act impacts retirees
President Joe Biden signed the wide-ranging Inflation Reduction Act (IRA) into law on Tuesday afternoon, bringing welcome news for many retirees. The new law makes the most consequential changes to Me...
How to buy an ESG fund now that Inflation Reduction Act is law
Simonskafar | E+ | Getty Images ESG funds have become more popular Steve Cicero | Photographer’s Choice | Getty Images Funds that allocate investor money according to ESG issues held $357 billio...
Inflation Reduction Act promises tax credits for EVs — here’s how to claim them
Your new electric car may land you a $7,500 tax credit now that the Inflation Reduction Act — designed to fight climate change and inflation — has been signed into law by President Biden. But the new ...
Most Voters Don’t Believe Democrats’ Inflation Reduction Act Will Actually Alleviate Inflation, Poll Suggests
Topline Most voters don’t think the Inflation Reduction Act, signed into law by President Joe Biden Tuesday, will actually help address inflation, a new poll from Morning Consult suggests, finding som...
Green Hydrogen Made From Renewables Is A Step Closer Because Of The Inflation Reduction Act
High voltage electricity transmission towers beyond hydrogen storage tanks during the final stages … [+] of construction at Iberdola SA’s Puertollano green hydrogen plant in Puertollano, S...
Clean energy stocks are the winners of the Inflation Reduction Act
Clean energy related stocks have been the clear winners of the Inflation Reduction Act (IRA). Solar panel makers, fuel cell manufacturers and energy storage companies all stand to benefit from the mea...
Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate
After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced ...
Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and raising hundre...
Stablecoins Will Act As Catalyst For Mass Crypto Adoption- Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
Due to intense economic pressure and the Federal Reserve’s recent decision to raise interest rates, Bitcoin has dropped into a narrow band between $22,000 and $25,000. The crypto market has recently b...
Inflation Reduction Act would send $80 billion to the IRS. Tax experts say it may not be enough to help the backlogged agency.
For roughly a year, Jonathan Baer watched a paper folder full of tax-related paperwork slowly grow as he chronicled his effort to claim his 2020 tax refund. The attempts included upwards of 40 phone c...
Energy Provisions In The Inflation Reduction Act
US Speaker of the House Nancy Pelosi (D-CA) poses with lawmakers after signing the Inflation … [+] Reduction Act after the House of Representatives voted 220-207 to pass it at the US Capitol in ...
How leveraging blockchain data can be a revolutionary act
The legitimacy of cryptocurrencies is under constant threat from bad actors. Wash trading is a huge issue, for example, and is widespread in NFT sales: one high-profile case was exposed on a popular m...
House passes Inflation Reduction Act: What Democrats’ bill does for climate, drug prices and taxes
Democrats’ Inflation Reduction Act passed the House of Representatives in a 220-207 vote on Friday after clearing the Senate last weekend, and with it, some big changes could be coming to key sectors ...
10 Companies That Would Pay More Taxes Under Inflation Reduction Act
Text size Packages ready to be sent at an Amazon center. Thomas Samson/AFP via Getty Images Some major companies, including Tesla and Amazon . com, are likely to face higher tax bills under the $750 b...
CHIPS And Science Act Is Now Law. That Doesn’t Mean Policymakers’ Work Is Done.
The legislative graveyard is filled with examples of bills that Congress failed to fully fund. WASHINGTON, DC – AUGUST 9: U.S. President Joe Biden coughs while speaking before signing the CHIPS ...
Passage of Inflation Reduction Act gives Medicare historic new powers
A pharmacist collects medications for prescriptions at a pharmacy. Simon Dawson | Bloomberg | Getty Images Medicare is poised to renegotiate the prices of some of its most expensive drugs through a hi...
The Inflation Reduction Act should have closed this tax loophole for the rich. Here’s the real cost of Sen. Sinema’s decisive vote
On Sunday, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin struck a deal with Arizona Sen. Kyrsten Sinema to pass the Inflation Reduction Act of 2022. The deal came with a special compromise...
Galaxy Digital Records Increased Losses, Senate Passed Inflation Reduction Act, Crypto Market Bullish – crypto.news
Galaxy Digital recently released its quarterly report that indicates the network suffered a $554 million loss in the second quarter. In other news, the US Senate passed the inflation reduction act on ...
Inflation Reduction Act EV tax credits could hurt sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV ow...
Former BitMEX Executive Faces Up to Five Years in Prison After Pleading Guilty to Violating Bank Secrecy Act
A high-ranking BitMEX employee is pleading guilty to violating the US’s Banking Secrecy Act, the latest in a series of legal setbacks for the embattled crypto exchange. In his plea, Gregory Dwyer admi...
Inflation Reduction Act extends $7,500 tax credit for electric cars
David Madison | Photodisc | Getty Images A federal tax break that’s available to car buyers for going electric may work differently starting next year. Under the Inflation Reduction Act — which ...
Electric Vehicles Or Hydrogen Fuel Cell Cars? The Inflation Reduction Act Will Fuel Both
WASHINGTON, DC – APRIL 22: Electric vehicles are displayed before a news conference with White House … [+] Climate Adviser Gina McCarthy and U.S. Secretary of Transportation Pete Buttigieg...
Larry Summers is ‘appalled’ by the private equity carve outs in the Inflation Reduction Act
Former Treasury Secretary Larry Summers initially supported the major tax, climate change, and health care bill that passed the Senate on Sunday. But he has a quibble with two of the late changes to t...
We Must Act To Protect Ukrainian Children
The last months have seen allegations of Russia abducting Ukrainian children and subjecting them to illegal adoptions in Russia. In March 2022, less than a month after Putin attacked Ukraine, the Ukra...
The CHIPS Act Is A Boon For American Innovation
Last week, both the Senate and the House of Representatives passed the CHIPSHIPS Act, which means all that remains for it to become law is President Biden’s signature — after which $280 billion of fun...
BitMEX former executive pleads guilty to violating the Bank Secrecy Act
Another top executive joins three co-founders of the crypto exchange BitMEX, pleading guilty in the United States District Court for the Southern District of New York. The court case under the headlin...
What the ‘historic’ Inflation Reduction Act means for your bank account
Senate Democrats passed a sweeping climate, health care, and tax bill Sunday. If it becomes law, it could lower energy and health care costs for the average American during a time when budgets are tig...