Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.
Category: Regulation News
Presidential hopefuls RFK Jr. and DeSantis rally against FedNow
The two presidential hopefuls are of the opinion that FedNow is the first step in launching a CBDC that threatens privacy and autonomy.
New R&D tax rules could mean a US exodus for crypto companies
A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for […]
‘Don’t Mess with Texas Innovation’ — advocates criticize bill removing crypto mining incentives
Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation […]
Bitcoin proponents respond to New York Times’ BTC mining report
Bitcoin proponents accused New York Times of overstating emissions by mining companies and omitting the facts about the growing adoption of renewable energy sources for […]
OpenAI finds fresh support from Japan amid global country-wide bans
Japan shows support for OpenAI’s ChatGPT chatbot amid country-wide bans and uncertainties worldwide.
FTX financial controls were a ‘hodgepodge’ of apps, says court filings
A court filing alleged apps such as Excel spreadsheets and Slack messages were used to manage the assets and liabilities of FTX and its entities.
Texas lawmakers propose a gold-backed state digital currency
The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued […]
UK uses Love Island star to warn finfluencers on crypto and investment schemes
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law.
Sushi’s head chef addresses community concerns amid SEC subpoena
Sushi’s head chef Jared Grey and his counsel described the investigation as a “non-public, fact-finding inquiry,” that doesn’t suggest the SEC has “any negative opinion […]