UK crypto hodlers get a call from the tax grinch
His Majesty’s Revenue and Customs has issued a warning to crypto, NFT and utility tokenholders about paying their taxes on time or facing the consequences.
His Majesty’s Revenue and Customs has issued a warning to crypto, NFT and utility tokenholders about paying their taxes on time or facing the consequences.
SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy.
The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million.
According to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and $90,000 in penalties.
The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts.
In an unexpected move, the Securities and Exchange Commission (SEC) accelerated the decision-making process involving Franklin, a decision that was initially slated for January 1st. This unusual occurrence was pointed out by Scott Johnson, who also highlighted that Franklin stands out as the lone issuer who hasn't submitted an updated S-1 form yet. This anomaly raised speculation among industry enthusiasts, including Johnson, who couldn't help but wonder whether Franklin's delay in submitting an updated S-1 form might have influenced the SEC's premature decision. As the crypto-industry eagerly awaits further developments, it will be interesting to see how this accelerated decision-making process unfolds, and what impact it may have on Franklin's future.
EU inflation figures are due on Thursday.
-- Australian retail spending unexpectedly shrank in October, as sticky inflation and pressure from high interest rates weighed, while consumers also held off big...
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it.