Search
IRS Building ‘Hundreds’ of Crypto Cases — Official Says $7 Billion in Crypto Seized in 2022
8.11.2022
The Internal Revenue Service (IRS) is building “hundreds” of crypto cases to crack down on tax evasion, an official reportedly said. In the fiscal year 2022, the IRS Criminal Investigation Division seized about $7 billion in cryptocurrency, which was double the previous year’s...
Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’
27.10.2022
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible....
Crypto incubators have a responsibility to maintain fiscal discipline
24.10.2022
Incubators provide a foundation for many crypto companies and have a responsibility to ensure they’re taking steps to survive in a bear market
Autoridad fiscal de Argentina despliega por primera vez operativos para encontrar mineras cripto
12.9.2022
Según la AFIP, la semana pasada descubrieron tres granjas de minería de criptomonedas con irregularidades en el país
Colombia explora la creación de una CBDC para combatir la evasión fiscal
17.8.2022
Como parte de un programa de reforma impositiva, el gobierno del país sudamericano también planea imponer límites a las transacciones en efectivo
Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam
12.8.2022
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial...
Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’
8.8.2022
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage...
As Countries Advance Fiscal Cooperation, Higher Taxes Could Come Crypto's Way - Davos
24.5.2022
Developed countries from across the world are moving towards increased fiscal cooperation that could lead to tighter taxation of corporations but also of personal assets under the so-called wealth tax, as indicated by the participants of a panel held during this year’s edition of the World...
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
30.3.2022
The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance
Biden Administration Lowballs Inflation Predictions, Report Says Americans Are ‘Fixated’ on Dollar Value
29.3.2022
As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration predicted lower inflation forecasts as officials announced...
Visa Partners With Over 65 Crypto Platforms — Crypto-Linked Card Usage Soars Despite Price Volatility
30.1.2022
Visa has now partnered with more than 65 crypto platforms and exchanges. In addition, the payments giant revealed that crypto-linked card usage exceeded $2.5 billion in the first fiscal quarter, “which is already 70% of the payments volume for all of fiscal 2021.” Visa Outlines Crypto...
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year
22.11.2021
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of all funds seized by its criminal investigation unit during the same time period. The agency expects to seize billions of dollars more in cryptocurrency next...
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
1.10.2021
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
20.7.2021
Bitcoin's drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals?
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
27.5.2021
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker...
SBI doubled crypto business profits in past fiscal year
28.4.2021
SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year
Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’
9.4.2021
Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where...
How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo
18.3.2021
Nearly ten years into failed fiscal and monetary policy experiments, when trust in institutions is ebbing near an all-time low, the rationale for holding bitcoin has never been stronger. Yet, many people are neutral and non-reactive on the matter, giving credence to the current state of affairs...
‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
5.3.2021
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal...
US President Biden: ‘I’m Not Cutting the Size of the Checks’ for Fiscal Relief
5.2.2021
The comments came after reports said the White House was considering reducing the size of its proposed stimulus package