A member of India’s upper house said the country should set up clear rules for digital money. He pointed out that India already taxes gains from crypto at 30 percent, yet treats it as illegal. This mix of high taxes and unclear laws pushes traders to move abroad. The tax on virtual assets is
The Environmental Protection Agency is set to cancel a 2009 scientific assessment that has supported U. S. climate policies for over a decade. The agency filed paperwork with the Office of Management and Budget to delete this “endangerment finding, ” a move that would strip it of the legal power to
Tether is the biggest holder of U. S. Treasuries, with about $135 billion in bonds. That makes it larger than countries like South Korea and Germany. The company earns huge interest by putting the money from people who buy USDT into these bonds. People or companies that want USDT send dollars to Te
Brian Armstrong, the chief executive of Coinbase Global Inc. , used a post on X to highlight how digital currencies and tokenized assets can open doors for billions of people. He said these tools give a “level playing field” that helps anyone chase wealth, drawing on psychologist Jordan Peterson’s i
The biggest day of football is also the hottest day for legal betting, with experts saying this year’s Super Bowl will bring in more than $1. 7 billion from wagers across the country. This huge flow of money has put lawmakers on alert about how fast the sports‑betting industry is expanding and what
Forbes publishes a yearly list that spotlights the most promising young people in business, art and technology. Yet some of those celebrated have later been caught breaking the law, especially in finance. Among the past decade’s honorees are six individuals who faced serious charges. A 26‑year‑old
Vietnam is drafting a rule that will treat cryptocurrency moves like stock trades, adding a small tax to every transfer. The proposed law says anyone who sends crypto through an approved service will owe 0. 1% of the transfer value as personal income tax, just like traders pay when they buy or sell
The Occupational Safety and Health Administration handed out a hefty penalty to the owner of Gabriel House, an assisted‑living center in Fall River, Massachusetts. The fine totals almost $200, 000 and follows a deadly blaze that claimed ten lives last summer. OSHA listed 13 infractions, with eleven
New rules are in place for those who help people file their taxes in New York. The state's tax department has updated its guide for tax preparers. This guide is a must-read for anyone who helps others with their income tax returns. First, some tax preparers must register with the state. This is not
The Senate Agriculture Committee recently pushed ahead with a plan to regulate the crypto market. This move came after a vote that split along party lines. Meanwhile, other important lawmakers are still working on different parts of the same bill. The committee's plan would make the Commodity Futur
