The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements, opening the doors for receiving fines or being charged for crimes against the tax […]
SEC Seeks Court Order for Ripple’s Financial Statements in Ongoing Legal Tussle
The legal battle between the SEC and Ripple Labs continues, with the SEC seeking court intervention to obtain Ripple’s financial statements and data on institutional XRP sales. SEC’s Legal Pursuit of Ripple Continues With Request to Disclose Financials and XRP Contracts The U.S. Securities and Exchange Commission (SEC) has intensified its scrutiny of the cryptocurrency […]
Senate Ethics Committee Urged to Investigate Senator Elizabeth Warren on Misleading Crypto Statements
The CEO of the Chamber of Digital Commerce says the Senate Ethics Committee should launch a full investigation on Senator Elizabeth Warren for making false and misleading statements about crypto. “Senator Elizabeth Warren has misled the American people as well as the U.S. Congress on multiple fronts,” she stressed. ‘Senate Ethics Committee Should Launch a […]
Worldcoin Kenya Controversy: Cabinet Secretary Blasted for Inconsistent Statements About Project’s License Status
A Kenyan parliamentary committee tasked with investigating Worldcoin’s activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin’s license status. The committee also said it found that Worldcoin’s “Orbs” were not approved by the Communications Authority of Kenya as required by law. Worldcoin Allegedly Operated Without a …