IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.

To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required e-commerce sites and payment platforms like eBay EBAY, +0.12%, Etsy ETSY, -0.32% and PayPal ...

IRS Halts Controversial New Rule Requiring Gig Workers To Report $600 Payments

Topline The Internal Revenue Service has put a one-year pause on a controversial new rule that would have required gig workers to report payments of at least $600 received through e-commerce platforms...

Twitter employees file lawsuit claiming mass layoffs violate federal law requiring notice

A class-action lawsuit was reportedly filed against Twitter on Thursday on behalf of workers claiming the company’s intended layoffs violate a federal law requiring 60 days’ notice for employees...

California governor vetoes bill requiring crypto-related businesses to obtain a special license

 Gavin Newsom, the governor of California, declined to sign a bill that would have established a licensing and regulatory framework for cryptocurrency businesses in the state, citing the need for a mo...

New Hiring at MicroStrategy Requiring a Lightning Network Engineer

Prominent enterprise analytics company MicroStrategy posted a vacancy notice by the end of September 2022. According to the job posting published on its website, MicroStrategy was looking for a softwa...

AI Ethics And The Looming Debacle When That New York City Law Requiring Audits For AI Biases Kicks Into Gear

Worries about a new law in NYC that is well-intended to catch AI biases but will have lots of … [+] inadvertent adverse consequences due to loopholes and other complications. getty Sometimes the...

US Treasury Department requiring US citizens to get a license for withdrawing assets from Tornado Cash

The U.S. Department of the Treasury wants people who had pending transactions before the Tornado Cash sanctions went into place to apply for a license to process the withdrawal of their assets. In an ...

Crypto users push back against dYdX promotion requiring face scan

Many users on social media have been lambasting decentralized exchange dYdX over the identification verification process to receive a sign up and deposit bonus of $25. In a Wednesday blog post, dYdX a...

Australia’s top regulator says crypto became ‘increasingly mainstream’ thus requiring stricter regulation

Surprised by the rising number of crypto investors in Australia, Australian Securities and Investments Commission (ASIC) chairman Joe Longo voiced his concern that many Bitcoin (BTC) and altcoin buyer...

Texas Sues Biden Administration For Requiring Abortions To Be Performed During Medical Emergencies

Topline Texas Attorney General Ken Paxton sued the Biden administration Thursday after the White House issued new guidance requiring physicians to perform abortions when medically necessary under fede...

Justice Department Sues Arizona Over New Law Requiring Federal Voters To Show Proof Of Citizenship

Topline The Justice Department announced Tuesday it has filed a lawsuit against Arizona, claiming that a new state law that requires voters to show proof of U.S. citizenship in order to cast a ballot ...

California Law Requiring Women On Corporate Boards Ruled Unconstitutional

Topline A Los Angeles judge ruled unconstitutional a state law mandating public companies save a board seat for women, unraveling one of the linchpins of the state’s 2018 attempt at increasing g...

SEC Unveils New SPAC Rules Targeting ‘Unreasonable’ Financial Projections And Requiring More Disclosures

Topline The Securities and Exchange Commission proposed a set of measures to bolster disclosure requirements for special-purpose acquisition, or blank-check, companies on Wednesday amid a wave of scru...

New Bored Ape Yacht Club Collaboration Requiring KYC Measures

A collaboration between Bored Ape Yacht Club and Animoca Brands will require KYC registration. This has immediately drawn criticism related to centralization, with many saying they will not register. ...

SEC proposes new rule requiring short-sellers to disclose their positions monthly

Gary Gensler has been circling short-sellers for months, and now the Securities and Exchange Commission chief is looking to make a big move. Under a new rule proposed by the SEC Friday morning, some i...

Kid Rock Refuses To Perform At Tour Venues Requiring Covid-19 Vaccination, Face Masks

Kid Rock, seen here performing at a Trump 2020 rally, announced that he won’t play at venues that … [+] require face masks or proof of Covid-19 vaccination. (Photo by Scott Legato/Getty Im...