Business

South Korea tax agency seizes nearly $200M in digital assets from tax offenders
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27 September, 2022

South Korea tax agency seizes nearly $200M in digital assets from tax offenders

South Korea stresses the need to uphold fair taxation principles as it busted digital asset investors who failed to settle...
Russia approves digital assets for international payments with strict rules against money laundering
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27 September, 2022

Russia approves digital assets for international payments with strict rules against money laundering

The use of digital assets in foreign transactions is set in stone, with Russia assuring that the move aligns with...
Huobi’s sister company weighs name change
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26 September, 2022

Huobi’s sister company weighs name change

Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image,...
Compute North files for Chapter 11 bankruptcy with $500M in debt
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26 September, 2022

Compute North files for Chapter 11 bankruptcy with $500M in debt

Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...
Tulip Trust demands Roche Freedman turn over documents relating to its relationship with Ava Labs
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26 September, 2022

Tulip Trust demands Roche Freedman turn over documents relating to its relationship with Ava Labs

The Tulip Trust has asked that Roche Freedman be disqualified from its case against Ira Kleiman over the ownership of...
IRS hunts digital currency tax cheats with M.Y. Safra bank summons
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26 September, 2022

IRS hunts digital currency tax cheats with M.Y. Safra bank summons

The summons, often referred to as a "John Doe" summons, seeks information on customers of SFOX who may not have...
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