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Tag: income tax

Regulatory Setback Hits Binance.US In Florida And Alaska – CryptoInfoNet

Crypto exchange platform Binance.US faces ongoing challenges intensified by regulatory scrutiny, especially in Florida and Alaska, where its operations have been suspended.Alaska and Florida...

Global Regulatory Outlook for Cryptocurrencies 2024 | BitPinas

Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with...

Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend

MCKINNEY, Texas–(BUSINESS WIRE)–Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended...

Indonesia’s Crypto Boom Stumbles, Trading Volumes Plummet 60% Amid Tax Concerns – Fintech Singapore

Indonesia’s cryptocurrency market, previously known for its rapid adoption rates, experienced a significant downturn last year, as trading volumes on local crypto exchanges plummeted...

Hologic Announces Preliminary Revenue Results for First Quarter of Fiscal 2024

– Revenue of $1,013.1 Million Exceeds Guidance – – 5.2% Organic Constant Currency Revenue Growth ex. COVID-19, also Exceeding Guidance – MARLBOROUGH, Mass.–(BUSINESS WIRE)–$HOLX #JPMC24–Hologic, Inc....

India Moves to Block Website URLs of Several Crypto Firms Including Binance, Kraken – CryptoCurrencyWire

The Financial Intelligence Unit (FIU) of India has asked the Ministry of Electronics and Information Technology to restrict the website URLs of nine cryptocurrency...

BIR Implements 1% Withholding Tax to Online Sellers | BitPinas

In late 2023, the Bureau of Internal Revenue (BIR) implemented its plan to subject partner merchants or sellers in online platforms to the withholding...

Russia To Introduce Comprehensive Crypto Legislation In 2024 – CryptoInfoNet

In a recent interview with Russian Newspaper Izvestia, Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, unveiled plans to legalize...

Action against Retail Forex Fraud: Companies, Individuals to Pay $60M for Settlement

A US court entered a summary judgment order against Michael DaCorta earlier this month for his involvement in a massive retail forex fraud and...

OpenAI’s non-profit arm netted less than $45,000 last year

OpenAI's non-profit arm reported revenues of just $44,485 in its latest US tax filing, despite its for-profit business likely making millions from ChatGPT. Founded in...

Regulatory and Legislative Update – November 2023

Regulatory and Legislative Update – November 2023December 8, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALFATFThe Financial Action Task Force (FATF) is a global money...

Annaly Capital Management, Inc. Announces 4th Quarter 2023 Common Stock Dividend of $0.65 per Share

NEW YORK–(BUSINESS WIRE)–The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) declared the fourth quarter 2023 common stock...

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