Coinbase CEO: USA Cannot Afford Let Crypto Go Offshore “As Well”

– Advertisement –   The USA must support new digital innovations. Coinbase CEO Brian Armstrong believes that one of the most robust policy arguments for cryptocurrency is that it’s a natio...

IRS Audits With No Time Limit And No Statute Of Limitations

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp … [+] with the Canon EOS 5DSR and the 100mm 2.8 L lens. Getty With 87,000 new IRS agents on the...

Huge offshore wind farm Hornsea 2 is fully operational, Orsted says

One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility described by Danish energy fi...

Faustian Bargain Could Jeopardize Offshore Wind, Renewable Energy On Federal Lands

WASHINGTON, DC – MARCH 15: Sen. Joe Manchin (D-WV) (L) talks with Senate Majority Leader Charles … [+] Schumer (D-NY) before the ceremony where U.S. President Joe Biden signed the “Consoli...

New Oil Power Guyana On Pace To Surpass U.S. Offshore By 2035

Morning above Guyana highlighted in red on model of planet Earth in space. 3D illustration. Elements … [+] of this image furnished by NASA. 3D model of planet created and rendered in Cheetah3D s...

Offshore Premiums Indicate Recovering Sentiment Among Crypto Investors

The recovery in the price of various crypto over the last week has been evident in various areas of the market, and the offshore premiums have not been let out. The offshore basis numbers also reflect...

Ukraine Is Blasting Russia’s Offshore Platforms On The Black Sea

A Neptune anti-ship missile during testing. Ukrainian navy photo The Ukrainian navy last month struck a Russian natural-gas rig on the Black Sea. The attack on the night of June 26 damaged Tavrida, a ...

Boris Johnson’s Big Win? Beating IRS

Whether you love him or hate him, UK’s dethroned Prime Minister was sure different. He will be pilloried for a while yet, probably much more pilloried than praised. But anyone who has faced off with A...

Hong Kong gets a shot in the arm as China’s offshore financial hub with new products and deeper yuan pool in expanded Connect scheme

Hong Kong widened its cross-border investment channel with Shanghai and Shenzhen with two new classes of financial products on Monday, elevating the city’s status as mainland China’s offsh...

Three Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities

While Three Arrows Capital used its tens of billions of dollars of assets under management to invest in new projects and take large market positions, it also operated an over-the-counter trading desk ...

Austal USA Wins Massive $3.3 Billion Dollar Offshore Patrol Cutter Contract

Austal will be the second Offshore Patrol Cutter builder Eastern Shipbuilding Group In the tense hours before the U.S. Coast Guard awarded the Offshore Patrol Cutter “Stage 2,” a $3.3 billion dollar c...

More Offshore Wind, Tesla’s ‘Money Furnaces’ And Green Hydrogen In Coal Country

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Biden Admin...

Huge offshore wind farm to use recyclable turbine blades

A wind turbine at the Ormonde Offshore Wind Farm, in the Irish Sea. With governments around the world attempting to ramp up their renewable energy capacity, the number of wind turbines worldwide only ...

Offshore Wind Will Define The Race For Ocean Space

Also known as The Great Wave, the print is from the series Thirty-Six Views of Mount Fuji. Located … [+] in a private collection. | Location: near Kanagawa, Japan. (Photo by VCG Wilson/Corbis vi...

Tax Bill On Johnny Depp And Amber Heard Damages Could Be Particularly Ugly

The long-awaited verdict is in, with Johnny Depp coming out on top, but neither of them unsullied in the process. The jury found that Heard defamed Depp, and awarded him $10 million in compensatory da...

UK admits it has no idea how much tax is being evaded through offshore assets

The UK tax authority has admitted it has no idea how much tax is being evaded by UK residents holding money offshore, after new figures revealed hundreds of billions of pounds was held in tax havens. ...

Taiwan’s ‘biggest offshore wind farm’ generates its first power

An offshore wind turbine in waters off Taiwan. Taiwan’s Ministry of Economic Affairs says it’s targeting 20% renewable energy generation by the middle of this decade. Billy H.C. Kwok | Blo...

The US IRS believes adding BTC, ETH and other cryptos to help monitor offshore accounts –

Bitcoin and Ethereum ought to be added to the Internal Revenue Service’s (IRS) rules Another proposition distributed by the U.S. Depository proposes that digital currencies be used more often Offshore...

Mexo lists CNHC: An offshore RMB stablecoin

CNHC, a stablecoin pegged to the Offshore Chinese Yuan, has officially been launched on Mexo.  A milestone in international trade history International traders can now access a new channel to collect,...

Treasury wants more reporting to the IRS on offshore crypto accounts

advertisement The US Treasury is working to get the IRS more information on offshore cryptocurrency holdings. On March 28, the US Treasury released its “Green Book,” its annual breakdown o...

BP establishes partnership focused on offshore wind in Japan   

An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglom...

Deneo Partners’ Managing Directors on Offshore Regulations

Deneo Partners’ Managing Directors Stathis Christophi and Demetris Kyriacou share their knowledge and views on the current landscape regarding offshore regulatory jurisdictions. Increasing regulation ...

US offshore wind auction in NY, NJ raises a record $4.37 billion

Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey...

RWE, Tata Power to scope offshore wind projects in India

This image shows onshore wind turbines in Gujarat, India. Shiv Mer | Istock | Getty Images German energy giant RWE and India’s Tata Power on Monday announced a collaboration that will focus on d...

Green hydrogen demo that will use offshore wind planned for North Sea

No-Mad | iStock | Getty Images German power firm RWE has signed an agreement with Neptune Energy to develop a green hydrogen demonstration project in the Dutch North Sea, targeting an electrolyzer cap...

FTX Chief Reminds Congress That 95% of Crypto Volume Is Offshore

(Bloomberg) — Sam Bankman-Fried, the chief executive officer and co-founder of cryptocurrency exchange FTX, said 95% of crypto trading volume occurs offshore and urged for greater regulatory cla...

Judge Tosses Out Offshore Oil Leases Signed By Biden Administration

Topline A federal judge rescinded oil and gas leases for a wide swath of the Gulf of Mexico on Thursday, arguing the government failed to consider their impact on climate change before they were aucti...

Scotland’s offshore wind sector $951m boost after leasing round

Offshore wind turbines in waters near Aberdeen, Scotland. Gannet77 | E+ | Getty Images The Scottish offshore wind sector received a boost this week after a program to lease areas of Scotland’s s...

A New Approach To Safety Communications Offshore

Loren Steffy, UH Energy Scholar AT SEA – APRIL 28: Workers look out at wind turbines at the Alpha Ventus offshore windpark on … [+] April 28, 2010 in the North Sea approximately 70km north...

One of world’s biggest offshore wind farms gears up for full operation

One of the turbines at the Triton Knoll offshore wind farm, which is located in waters off England’s east coast. Ian Greenwood Turbine commissioning at one of the world’s biggest offshore ...