Search results for "TAX"
Today
14:19

The U.S. Department of the Treasury selected Bank of New York Mellon and a financial technology company to participate in the Trump account program

The U.S. Department of the Treasury has selected BNY Mellon and a financial technology company to implement the tax-deferred investment account plan under the 530A provision introduced by Trump. The plan is intended to establish government-subsidized savings accounts for children of U.S. citizens born after 2025, with an initial amount of $1,000 per account, invested in stock market index funds.
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05:41

Figure Lianchuang: A certain CEX sent an incorrect tax notice and obstructed the passage of the CLARITY Act

Figure co-founder Mike Cagney recently received a 1099-MISC tax form from a certain CEX Custody showing last year’s income of $1,600, but the account’s assets are only $10. He is dissatisfied with the customer service’s runaround and criticized the exchange for blocking the passage of the CLARITY Act, arguing that the industry no longer needs to care about his views.
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15:04

four.meme Due to a technical defect, the token creation for the fee mode has been paused. Full refunds will be issued to affected users.

four.meme announcement: Because the project tax fee receiving address that starts with 0x9f4 has a defect, sell transactions have failed. The related token creation function has been paused, and users are advised to stop trading. Also, full refunds will be provided to affected users who purchased before April 3 at 22:50.
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09:17

Will South Korea’s People Power Party overturn the crypto tax, and can the June election reverse the poll slump?

The People Power Party of South Korea has introduced a new bill, calling for the repeal of the cryptocurrency trading tax that is set to take effect in 2027, aiming to win support from younger voters and affect the value of votes. Analysts believe it may simply be a political strategy, and the actual impact is unclear; in the future, the bill could be postponed or amended again.
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07:31

Iran Conflict Costs Exposed: Americans Spend an Extra $3 a Day, With Oil Prices and Inflation Becoming the Biggest Hidden Tax

In 2026, tensions in the Middle East led Americans to face an economic burden, with the cost of military operations ranging from $30 billion to $45 billion, increasing spending by about $2.5 to $3.8 per person per day. Oil prices rose due to the conflict, driving up household fuel and living costs, intensifying inflation pressure, and affecting interest rates and financial markets, which could trigger greater risks.
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08:03

Archblock files for bankruptcy, alleging related-party transactions involving Justin Sun and fraud in Eastern Europe

Crypto firms Archblock, TrustToken, and TrueCoin have filed for bankruptcy due to financial devastation after Techteryx failed to pay invoices and was defrauded by an Eastern European criminal group. The company has also been involved in multiple legal disputes, facing tax issues and high-risk investment losses, highlighting potential risks in the stablecoin industry.
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