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US regulators may ask Congress for virtual currency legislation Federal legislation could help rationalize this patchwork and clarify which agency has the authority to police the underlying virtual currency cash market, the regulators said. Clayton and Giancarlo also questioned how their respective agencies would fund increased scrutiny of the rapidly-growing virtual ...
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Income tax dept issues notices to crypto currency investors: Chandra The tax department is issuing notices to people who invested in crypto currencies like bitcoin but did not declare income or 'profits earned' from them, ... "People who have made investments (in crypto currency) and have not declared income while filing taxes and have not paid tax on the profit earned by ...
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Currency exchange service to continue at Blue Water Bridge Currency exchange services at the Blue Water Bridge are expected to continue at the end of the month when a new operator begins to lease the building from the Federal Bridge Corporation. The corporation said in the fall it would end its long-standing currency exchange service at the end of February, ...
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Mone and Barrowman launch new online investment scheme using crypto-currency technology MICHELLE Mone aims to launch a venture capital scheme using the technology of a controversial crypto-currency. The Tory peer and reality TV personality has announced she and her life and business partner Douglas Barrowman are trying to raise $80 million - around £57m for an investment platform ...
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AfDB approves $10m for the African Local Currency Bond Fund The African Development Bank (AfDB) board of directors, has approved $10 million for the African Local Currency Bond Fund (ALCB Fund), to further enhance the Fund's portfolio and promote the development of domestic capital markets across the continent. The senior loan, which has a seven-year ...
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Bitcoin and other cryptocurrencies tank The trouble started brewing in December. The Securities and Exchange Commission and the FBI started to crack down on alleged fraud in fundraising by some cryptocurrency companies and traders. Digital currency had been operating in a regulatory vacuum since bitcoin's debut in 2009. But regulators ...
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Office Of The Comptroller Of The Currency To Host Innovation Office Hours And Listening Session ... The Office of the Comptroller of the Currency (OCC) today announced the date and location for its upcoming Innovation Office Hours and inaugural Listening Session. Office Hours are one-on-one meetings with OCC officials to discuss financial technology, new products or services, partnering with a ...
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Pandora Profit Down 4% As Currencies Weigh PARIS — Copenhagen-based jewelry firm Pandora said it will continue to expand its network of its own stores as unfavorable currency rates weighed on annual profit. Reporting a 4.3 percent decline in annual net profit to 5.77 billion Danish kronor, or $966 million, the contemporary jeweler cautioned ...
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