Browsing Tag

assets

U.S. Treasury Secretary Janet Yellen stressed the urgency of the G7 reaching an agreement to use the proceeds from frozen Russian assets and redirect them to Ukraine. This is raised as a crucial step ahead of the next meeting of the group in Sao Paulo. The current situation has led to an increase…
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The SEC requested to freeze Binance assets

The United States Securities and Exchange Commission (SEC) filed an emergency request with the federal court in Washington, D.C., asking that the assets of Binance, the largest cryptocurrency platform in the United States, be frozen. The…

BlockFi will sell its mining equipment

Cryptocurrency-based financial services company BlockFi, which has filed for bankruptcy before US authorities, has been cleared by the bankruptcy court to sell its crypto mining equipment and other physical assets in order to raise around…

Costa Rica proposes 13 % tax on cryptocurrencies

Costa Rica proposes a 13 % tax on cryptocurrencies. The Costa Rican General Directorate of Taxation proposes to collect the tax on cryptocurrencies equivalent to a 13 % value added tax (VAT) for the purchase of crypto assets. Additionally,…