Donald Trump’s return to the U.S. presidency on Wednesday sparked a major rally in equity markets, fueled by expectations of lower corporate taxes, favorable tariffs, and deregulation. Shares of banks, …
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WazirX halts trading after $230 million exploit, offers bounty for fund recovery.
by admin
Indian crypto exchange WazirX halts trading on its platform following a $230 million exploit on July 18. The company has launched a recovery program, offering up to 10% of the …
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SEBI suggests monitoring crypto trading, while RBI maintains concerns about ‘risk’.
by smtfin
SEBI proposed various regulators oversee cryptocurrency-related activities within their jurisdiction, advocating against a unified digital asset regulator. RBI supports banning stablecoins, designed to stabilize against fiat currency volatility. In 2021, …
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Crypto leader Changpeng Zhao of Binance sentenced to 4 months in jail.
by smtfin
The creator of the world’s biggest crypto exchange faces a four-month prison term in the US for enabling money laundering on his platform. Changpeng Zhao stepped down from Binance in …
BusinessWorld News
Biden’s 2025 Budget proposal aims to impose a 45% tax on capital gains and eradicate crypto tax loopholes.
by smtfin
Affluent investors may face an unwelcome shock during their next tax filings, with President Biden proposing the highest top capital gains tax in over a century in his 2025 budget …