Not Declaring Profits Could Result in Prison

A new Russian crypto mining bill proposes sending individuals who fail to declare profits derived from mining to prison. The Russian Ministry of Finance has proposed imprisoning miners who fail to dec...

Binance CEO says declaring BUSD a security will ‘profoundly impact’ crypto progress

As cryptocurrency firm Paxos was forced to stop issuing the dollar-pegged Binance token BUSD and is facing a lawsuit by the United States Securities and Exchange Commission (SEC) over the issuance of ...

Genesis Reveals Strategy to Repay Creditors After Declaring Bankruptcy

Bankrupt cryptocurrency broker Genesis has filed plans detailing how it will repay its creditors. According to a recent filing, the parent company of Genesis, Digital Currency Group (DCG), has agreed ...

Firms Declaring Crypto Holdings in Brazil Steeply Rises

More than 1,300,000 people have said they own some kind of cryptocurrency. BRZ, the first Brazilian real-pegged stablecoin, had considerable price fluctuations. Recent months have seen a historic upti...

Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings – News Bitcoin News

Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that...

Compute North sued two months before declaring bankruptcy

Bitcoin mining host provider Compute North is facing a lawsuit from one of its partners for failing to return almost $1.4 million after an agreement went sour. NBTC Limited, a subsidiary of Chinese ga...

UBS upgrades Eli Lilly declaring LLY is working on ‘the biggest drug ever’

UBS Group (SWX: UBSG), a global financial provider, upgraded Eli Lilly (NYSE: LLY) to buy from neutral on Tuesday, September 20. UBS analyst Navin Jacob updated the price target from the previous $335...

After Declaring Bankruptcy, Celsius Network Discloses Its Restructuring Plan! – Coinpedia – Fintech & Cryptocurreny News Media

On July 13, exactly one month after halting withdrawals and transfers from accounts, cryptocurrency lender Celsius Network filed for bankruptcy. Judge Martin Glenn of the U.S. Bankruptcy Court for the...

Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes – Taxes Bitcoin News

The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminde...

HBAR Foundation launches $100M climate-focused impact fund, declaring DOVU as inaugural grantee

The HBAR Foundation, a philanthropic and independent subsidiary of distributed ledger firm Hedera Hashgraph, has announced the launch of the environmentally-conscious Sustainable Impact Fund (SIF), co...

DOJ Sues Missouri Over Law Declaring Some Federal Firearm Rules ‘Invalid’

Topline The Department of Justice filed a lawsuit Wednesday to prevent Missouri from enforcing a law declaring some federal firearm rules “invalid,” which the department says has hindered law enforcem...